Annual Update on SDR Trading Operations

International Monetary Fund

No 2026/045, IMF Policy Papers from International Monetary Fund

Abstract: This paper provides an update on the status of the Special Drawing Rights (SDRs) trading market and operations. For nearly four decades, SDRs have exclusively been exchanged for freely usable currencies in transactions by agreement. Most of these transactions take place through the Voluntary Trading Arrangements (VTAs), which are bilateral arrangements between the Fund and SDR department participants or prescribed holders. A small fraction of SDR trades has been arranged directly on a bilateral basis between parties. This paper focuses on all SDR transactions during the period September 2025 to August 2026, as well as providing a brief overview of trends since the 2021 General Allocation.

Pages: 16
Date: 2026-10-02
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.imf.org/en/publications/longres?sk=580210 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:2026/045

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 ().