Betekenis van:
special drawing rights
special drawing rights
Zelfstandig naamwoord
- reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
Synoniemen
Hyperoniemen
Voorbeeldzinnen
- Special drawing rights
- Category VI from 4800000 to 7600000 special drawing rights.
- Monetary gold and special drawing rights (SDRs) (AF.1)
- Category II from 600000 to 1200000 special drawing rights.
- 9 Counterpart of special drawing rights allocated by the IMF
- Counterpart of special drawing rights allocated by the IMF
- Category I up to 750000 special drawing rights.
- Category VII from 7400000 to 11200000 special drawing rights.
- Foreign currency holding: the net position in the respective currency. For the purpose of this definition special drawing rights (SDRs) shall be considered as a separate currency.
- Reserve assets must (i) be under the effective control of the relevant monetary authority of the Eurosystem or an NCB and (ii) be highly liquid, marketable and creditworthy claims held by the Eurosystem on non-euro-area residents denominated in currencies other than the euro, gold, reserve positions in the IMF or special drawing rights (SDRs).
- Cross-border positions shall also encompass (i) land, other tangible non-produced assets and other immovable assets physically located outside the euro area and owned by euro-area residents and/or located inside the euro area and owned by non-euro-area residents and (ii) monetary gold and special drawing rights (SDRs) owned by euro-area residents.
- For the purpose of this definition special drawing rights (SDRs) shall be considered as a separate currency. Foreign exchange forward: a contract in which the outright purchase or sale of a certain amount denominated in a foreign currency against another currency, usually the domestic currency, is agreed on one day and the amount is to be delivered at a specified future date, more than two working days after the date of the contract, at a given price.
- Transactions in other financial assets [2A.13] is equal to the net acquisition of monetary gold and special drawing rights (F.1) recorded among changes in assets of S.13, plus net acquisition of insurance technical reserves (F.6), plus other accounts receivable (F.7) recorded among changes in assets of S.13 and changes in liabilities and net worth of all sectors except S.13.
- Reserve assets (see also B.o.p. book, Section 3.11) The reserve assets of the euro area consist of the Eurosystem’s reserve assets, i.e. the ECB’s and the NCBs’ reserve assets. Reserve assets must (i) be under the effective control of the relevant monetary authority of the Eurosystem or an NCB and (ii) be highly liquid, marketable and creditworthy claims held by the Eurosystem on non-euro-area residents denominated in currencies other than the euro, gold, reserve positions in the IMF or special drawing rights (SDRs). This definition expressly excludes foreign currency claims on residents of the euro area, and euro claims on non-residents of the euro area, from being considered to be reserve assets either at the national or at the euro-area level. Likewise, foreign exchange positions of central governments and/or the Treasury are not included in the definition of reserve assets for the euro area in accordance with the institutional arrangements in the Treaty establishing the European Community.
- Financial asset: any asset that is: (i) cash; or (ii) a contractual right to receive cash or another financial instrument from another undertaking; or (iii) a contractual right to exchange financial instruments with another undertaking under conditions that are potentially favourable; or (iv) another undertaking's equity instrument. Financial fixed assets: financial assets or portfolios held as a permanent investment; this includes inter alia interest-bearing securities with fixed or determinable payments and a fixed maturity, which the NCB has the positive intent and ability to hold until maturity Financial liability: any liability that is a legal obligation to deliver cash or another financial instrument to another undertaking or to exchange financial instruments with another undertaking under conditions that are potentially unfavourable. Foreign currency holding: the net position in the respective currency. For the purpose of this definition special drawing rights (SDRs) shall be considered as a separate currency. Foreign exchange forward: a contract in which the outright purchase or sale of a certain amount denominated in a foreign currency against another currency, usually the domestic currency, is agreed on one day and the amount is to be delivered at a specified future date, more than two working days after the date of the contract, at a given price. This forward rate of exchange consists of the prevailing spot rate plus/minus an agreed premium/discount.