upper-credit tranche arrangement

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upper-credit tranche arrangement

economics

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International Monetary Fund
Financing balance-of-payments deficits
…IMF loan, known as an upper-credit tranche arrangement, features an annual access limit of 100 percent of a member’s quota, quarterly disbursements, a one- to three-year maturity structure, and a three- to five-year repayment schedule. The IMF charges the same interest rate to every country that borrows from a particular…
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…IMF loan, known as an upper-credit tranche arrangement, features an annual access limit of 100 percent of a member’s quota, quarterly disbursements, a one- to three-year maturity structure, and a three- to five-year repayment schedule. The IMF charges the same interest rate to every country that borrows from a particular…
Read More