Policy Papers

Borrowing Agreement with Banco de Portugal

November 30, 2009

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Borrowing Agreement with Banco de Portugal, (USA: International Monetary Fund, 0) accessed November 21, 2024

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, Banco de Portugal agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 1.06 billion, on the terms and conditions set out in this paper.

Subject: Banco de Portugal, Borrowed resources use, Borrowing agreements, Borrowing by Fund, Executive Board decisions, Fund general resources, Lapse of time approval, Portugal

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