tailieunhanh - Glossary of selected financial terms

Glossary of selected financial terms his glossary covers basic operational and financial terms used in the IMF financial data query too, will help you studying finance. Invite you to consult the documentation . | Glossary of Selected Financial Terms This glossary covers basic operational and financial terms used in the IMF Financial Data Query Tool A Adjusted Rate of Remuneration Rate used to pay interest remuneration to members on their remunerated reserve tranche position with the IMF. Adjusted Rate of Charge Rate applied to charge members on their outstanding credit to the IMF. Agreed Amount The Agreed Amount represents the maximum amount available for drawing under an arrangement approved by the IMF s Executive Board. Average SDR Interest Rate Average of the weekly rates calculated at the end of each financial quarter for that quarter. B Basic Rate of Charge The basic rate of charge is equal to the SDR interest rate plus a margin. Basic Rate of Remuneration The basic unadjusted rate of remuneration is equal to the SDR interest rate. Bilateral Borrowing Agreements Bilateral Agreements are lending agreements between the IMF and a member country or an agency of the member country to supplement IMF lending resources. Buffer Stock Facility The Buffer Stock Financing Facility BSF established in 1969 and eliminated in 2000 provided financing to members with a balance of payments need to help finance their contributions to approved commodity price stabilization funds. Burden Sharing A policy in place since 1986 regarding the sharing between members paying charges and members receiving remuneration of the financial consequences to the IMF of overdue obligations. An amount equal to overdue charges excluding special charges and an allocation to the Special Contingent Account are generated each quarter by an upward adjustment of the rate of charge and a downward adjustment of the rate of remuneration. C Compensatory Financing Facility CFF The Compensatory Financing Facility CFF was a special IMF financing facility established in 1963. Until its elimination in 2009 the CFF provided resources to members who encountered balance of payments difficulties arising out of export shortfalls