Policy Papers

Annual Update on SDR Trading Operations

October 28, 2021

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Annual Update on SDR Trading Operations, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Summary

This paper provides an update on the status of the SDR trading market and operations. In over three decades, SDRs have been exchanged for freely usable currencies in transactions by agreement primarily through the Voluntary Trading Arrangements (VTAs). The VTAs are bilateral arrangements between the Fund and SDR participants or prescribed holders, in which the VTA members agree to buy and sell SDRs within certain limits. A fraction of transactions by agreement—sales or acquisitions of SDRs—were arranged directly between parties.

Subject: Currencies, Freely usable currencies, International trade, Monetary policy, Money, Political economy, Trading arrangements

Keywords: Allocation of SDRs, Currencies, Freely usable currencies, Middle East and Central Asia, SDR acquisitions, SDR exchanges, SDR sale, SDR sales, SDR Trading, SDR Trading Capacity, SDR trading transaction, Trading arrangements, Transactions by Agreement, Transparency, Transparency policy, Use of SDRs, Voluntary Trading Arrangements (VTAs), VTA capacity, VTA market, VTA member

Publication Details

  • Pages:

    10

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Policy Paper No. 2021/068

  • Stock No:

    PPEA202168

  • ISBN:

    9781513599793

  • ISSN:

    2663-3493