The Financial Cost of Using Special Drawing Rights: Implications of Higher Interest Rates
Book by Ayah Said, Mr. Nicolas End, and Neil Shenai
Since the August 2021 SDR allocation, the SDR interest rate has risen about 390 basis points through end-June 2023. This paper analyzes the impact of higher SDR interest rates on IMF members with negative net SDR Department positions. ... Google Books
Originally published: September 15, 2023
Authors: Neil Shenai, Ayah Said, Jakree Koosakul, and more
Sep 15, 2023 · This paper analyzes the impact of higher SDR interest rates on IMF members with negative net SDR Department positions. To do so, it constructs ...
Sep 29, 2023 · This paper analyzes the impact of higher SDR interest rates on IMF members with negative net SDR Department positions. To do so, it constructs ...
Sep 15, 2023 · This interest is assessed quarterly at the SDR interest rate, which is a variable rate based on financial instruments of SDR basket currencies.
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Sep 15, 2023 · Our analysis shows that the expected costs of charges (interest) in net present value terms are estimated to have more than tripled, while the ...
Sep 22, 2023 · The paper – written by Neil Shenai, Nicolas End, Jakree Koosakul and Ayah Said – explains SDRs are both an asset and a liability for the member ...
The Financial Cost of Using Special Drawing Rights: Implications of Higher Interest Rates. Article. Sep 2023. Neil Shenai ... Special drawing rights (SDR), a ...
The Financial Cost of Using Special Drawing Rights: Implications of Higher Interest Rates. Mr. Neil Shenai, Mr. Nicolas End, Jakree Koosakul, ...
... having a INTERNATIONAL MONETARY FUND 22 IMF WORKING PAPERS The Financial Cost of Using Special Drawing Rights: Implications of Higher Interest Rates.
Sep 29, 2023 · This has led to a sharp increase in the cost of borrowing from the Fund, which can currently be as high as 8 per cent. The IMF's basic rate of ...
2023/193 The Financial Cost of Using Special Drawing Rights: Implications of Higher Interest Rates by Mr. Neil Shenai & Mr. Nicolas End & Jakree Koosakul ...
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