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LOAN CURRENCY POOL [4 fiches]

Fiche 1 1998-06-23

Anglais

Subject field(s)
  • Banking
  • Investment
DEF

With loans made prior to the introduction of the currency pool, each loan was disbursed in the currencies available at that time. As regards repayment of the loan, the(World) Bank determines the order in which currencies shall be report(usually according to which currency has the most attractive investment potential). The choice of currency by the Bank for repayment purposes is called recall.

CONT

Revocation and Recall of Direct Deposit Transactions. Except [in special circumstances] a direct deposit transaction shall not be revoked or recalled by the Receiver General on or after the payment date.

Français

Domaine(s)
  • Banque
  • Investissements et placements

Espagnol

Campo(s) temático(s)
  • Operaciones bancarias
  • Inversiones
Conserver la fiche 1

Fiche 2 1998-05-15

Anglais

Subject field(s)
  • Loans
DEF

A system set up by the World Bank to equalize among all borrowers at any time the risks inherent in fluctuations in the exchange rates of the currencies disbursed and repayable on all Bank loans included in the system.

Français

Domaine(s)
  • Prêts et emprunts

Espagnol

Campo(s) temático(s)
  • Préstamos
Conserver la fiche 2

Fiche 3 1998-04-20

Anglais

Subject field(s)
  • Loans
OBS

Under the revised system, which will apply to loans whose invitation to negotiate is sent on or after May 18, 1989, calculation of the average cost of the Bank's debt for the purpose of setting the lending rate will be done by using currency weights representing the composition of currencies in the currency pool rather than the composition of currencies in the Bank's debt, qualified borrowings will be redefined to exclude those borrowings allocated to the funding of the Bank's investment in liquid assets and two technical adjustments will be made to reduce the lag between the time period over which the Bank's average cost of debt is calculated and the period over which the lending rate is applied to balances outstanding on a given loan, with the new lending rate being calculated quarterly and new rates being applied at the start of each quarter rather than at the start of each interest period.

Français

Domaine(s)
  • Prêts et emprunts

Espagnol

Campo(s) temático(s)
  • Préstamos
Conserver la fiche 3

Fiche 4 1997-11-17

Anglais

Subject field(s)
  • Currency and Foreign Exchange
DEF

Under the new IBRD lending rate system, currency specific cost rates from qualified borrowings will be applied to the amounts in each currency actually outstanding, thereby effectively weighting those rates in each currency by their share in the loan currency pool. These weightings are called currency weights.

Français

Domaine(s)
  • Politique monétaire et marché des changes

Espagnol

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
Conserver la fiche 4

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