Framework for the Fund's Issuance of Notes to the Official Sector / International Monetary Fund.

Format:

Book

Author/Creator:

International Monetary Fund, author, issuing body.

Language:

English

Subjects (All):

Monetary policy--History.

Monetary policy.

Quantitative easing (Monetary policy).

Physical Description:

1 online resource (28 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Summary:

On July 1, 2009, the Executive Board of the International Monetary Fund discussed the Managing Director's proposal for a framework for issuing notes to the official sector. The framework approved by the Executive Board was adapted on the basis of these discussions, as reflected in supplement 2 of the paper. It enables members to invest in IMF paper under note purchase agreements approved by the Board, without any pre-specified limit on the cumulative amount committed under note purchase agreements. The actual issuance of notes will occur should the IMF need additional resources at the time of a loan disbursement to a member. The notes would have similar financial terms to the IMF's recent bilateral borrowing agreements.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781498376167

1498376169