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230404 ||| eng |
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|a 9798400230752
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|a Applications To Become Holders of SDRS.
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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| 300 |
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|a 35 pages
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| 653 |
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|a Payment Systems
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| 653 |
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|a Economics
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| 653 |
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|a Finance
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|a Industries: Financial Services
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|a Regimes
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|a Investment banking
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| 653 |
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|a Financial services
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| 653 |
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|a Political economy
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|a Money
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| 653 |
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|a Central banks
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|a Standards
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|a Financial risk management
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| 653 |
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|a Capital and Ownership Structure
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|a Goodwill
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|a Financial Institutions and Services: General
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|a Banking
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|a Brokerage
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| 653 |
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|a Financial Risk and Risk Management
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| 653 |
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|a Venture Capital
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|a Financing Policy
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|a Multilateral development institutions
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|a Government and the Monetary System
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|a Foreign exchange reserves
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|a Development banks
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|a Political Economy
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|a Investment Banking
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| 653 |
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|a Monetary economics
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| 653 |
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|a Financial institutions
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| 653 |
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|a Value of Firms
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|a Reserve assets
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| 653 |
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|a Operational risk
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| 653 |
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|a Banks and Banking
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|a Ratings and Ratings Agencies
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|a Monetary Systems
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| 653 |
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|a Financial regulation and supervision
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|a Monetary policy
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|a Freely usable currencies
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Financial services law & regulation
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| 710 |
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|a International Monetary Fund
|b Finance Dept
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|a International Monetary Fund
|b Legal Dept
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a Policy Papers
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|a 10.5089/9798400230752.007
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|u https://elibrary.imf.org/view/journals/007/2023/002/007.2023.issue-002-en.xml?cid=530055-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The International Monetary Fund (IMF) approved on February 8, 2023 the applications of the Caribbean Development Bank (CDB), the Development Bank of Latin America (known as Corporacion Andina de Fomento or CAF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the Inter-American Development Bank (IADB) to become prescribed holders of Special Drawings Rights (SDRs). The SDR is an international reserve asset created by the IMF to supplement the reserves of IMF members that participate in the SDR Department. The IMF’s Articles of Agreement authorize the IMF to prescribe (i.e., approve) as holders of SDRs (i) non-members, (ii) members that are not participants in the SDR Department; (iii) institutions that perform functions of a central bank for one or more IMF member countries, and (iv) other official entities (which all five entities approved on February 8 are). Prescribed holders may acquire, hold and use SDRs in transactions by agreement and in operations. Approval of these five institutions brings the number of prescribed holders to twenty
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