Annual Update on SDR Trading Operations

International Monetary Fund

No 2021/068, IMF Policy Papers from International Monetary Fund

Abstract: This paper provides an update on the status of the SDR trading market and operations. In over three decades, SDRs have been exchanged for freely usable currencies in transactions by agreement primarily through the Voluntary Trading Arrangements (VTAs). The VTAs are bilateral arrangements between the Fund and SDR participants or prescribed holders, in which the VTA members agree to buy and sell SDRs within certain limits. A fraction of transactions by agreement—sales or acquisitions of SDRs—were arranged directly between parties.

Keywords: SDR Trading; SDR sales; SDR acquisitions; Voluntary Trading Arrangements (VTAs); Transactions by Agreement; Allocation of SDRs; SDR Trading Capacity; Transparency; SDR exchanges; Use of SDRs; SDR trading transaction; VTA market; transparency policy; VTA capacity; SDR sale; Trading arrangements; Currencies; Freely usable currencies; Middle East and Central Asia; VTA member (search for similar items in EconPapers)
Pages: 10
Date: 2021-10-28
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=498096 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfpps:2021/068

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Policy Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().