Borrowing Agreement with the Central Bank of Malta

Borrowing Agreement with the Central Bank of Malta
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Volume/Issue: Volume 2010 Issue 039
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Banks and Banking , Exports and Imports , Money and Monetary Policy , PP , fund , agreement , CBM , SDR , amount , indebtedness to the CBM , fund member , fund's indebtedness , Interest payments , Freely usable currencies , Exchange rate arrangements

Summary

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund, and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Central Bank of Malta agrees to lend to the Fund an SDR denominated amount up to the equivalent of EUR120 million, on the terms and conditions set in this policy paper.