TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SINGLE-CURRENCY LOAN [1 record]

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Alphabetical list of terms

Record 1 1998-08-14

English

Subject field(s)
  • Currency and Foreign Exchange
  • Loans
  • Economic Co-operation and Development
DEF

IBRD [International Bank for Reconstruction and Development] program where selected borrowers are offered a choice of currencies on their loans as an alternative to the existing standard multicurrency loan product. The program offers United States dollars, yen, deutschmarks, French francs, and pounds sterling. Its interest rate will be tied to six-month LIBOR [London Interbank Offered Rate] in each loan currency (PIBOR [Paris Interbank Offered Rate] in the case of French francs).

Key term(s)
  • single-currency loan

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Prêts et emprunts
  • Coopération et développement économiques

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
  • Préstamos
  • Cooperación y desarrollo económicos
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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