Iceland: History of Lending Arrangements
as of April 30, 2011

The IMF lends under concessional and non-concessional arrangements. A lending arrangement, which is similar to a line of credit, is approved by the IMF Executive Board to support a country's adjustment program. The arrangement requires the member to observe specific terms and subject to periodic reviews in order to continue to draw upon it.


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(In Thousands of SDRs)

Facility Date of
Arrangement
Expiration
Date
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Standby Arrangement    Nov 19, 2008    Aug 31, 2011 1,400,000 980,000 980,000
Standby Arrangement    Mar 22, 1962    Mar 21, 1963 1,625 0 0
Standby Arrangement    Feb 16, 1961    Dec 31, 1961 1,625 0 0
Standby Arrangement    Feb 23, 1960    Jan 13, 1961 5,625 4,000 0
Total 1,408,875 984,000 980,000

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Iceland Financial Position in the Fund