This paper provides an update on the status of the SDR trading market and operations. For more than three decades, SDRs have exclusively been exchanged for freely usable currencies in transactions by agreement, primarily through the Voluntary Trading Arrangements (VTAs). A small fraction of transactions by agreement—sales or acquisitions of SDRs—has been arranged directly between parties. VTAs are bilateral arrangements between the Fund and SDR department participants or prescribed holders, in which the VTA participants agree to buy and sell SDRs within certain limits. The paper covers SDR trading operations during the period September 2023 to August 2024.
- DOI
- https://doi.org/10.5089/9798400288630.007
- ISBN
- 9798400288630
- ISSN
- 2663-3493
- Issue
- 043
- Pages
- 15
- Published in
- United States of America
- Series
- Policy Paper No. 2024/043
- Stock No
- PPEA2024043
- Volume
- 2024
Table of Contents
- Annual Update on SDR Trading Operations 2023-2024 1
- Annual Update on SDR Trading Operations 2023-2024 - Form 2
- Introduction 4
- SDR Trading operations 5
- A. SDR Sales Through VTAs 5
- B. Acquisitions of SDRs Through VTAs and GRA 8
- C. Other SDR Transactions 10
- Voluntary Trading Arrangements (VTAs) 11
- SDR Reporting 14
