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Selected IMF Rates

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
January 1999
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Selected IMF Rates

WeekSDR InterestRate ofRate of
BeginningRateRemunerationCharge
December 143.653.653.91
December 213.613.613.86
December 283.643.643.89
January 4, 19993.583.583.83

The SDR interest rate and the rate of remuneration are equal to a weighted average of interest rates on specified short-term domestic obligations in the money markets of the five countries whose currencies constitute the SDR valuation basket (the U.S. dollar, weighted 39 percent; deutsche mark, 21 percent; Japanese yen, 18 percent;French franc, 11 percent; and U.K. pound, 11 percent). The rate of remuneration is the rate of return on members’ remunerated reserve tranche positions. The rate of charge, a proportion (currently 107 percent) of the SDR interest rate, is the cost of using the IMF’s financial resources. All three rates are computed each Friday for the following week. The basic rates of remuneration and charge are further adjusted to reflect burden-sharing arrangements. For the latest rates, call (202) 623-7171 or check the IMF website(www.imf.org/external/np/tre/sdr/sdr.htm).

Data: IMF Treasurer’s Department

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