Securities denominated in SDRs. To date (end-2013), such securities do not exist. However, it is proposed that the IMF issue SDR bonds to provide the capital needed for its diverse and growing tasks. This possibility is also provided for in the IMF’s Articles of Agreement (bylaws). The advantages and disadvantages of the IMF issuing SDR bonds are difficult to weigh. – See Special Drawing Right.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/