ESF Credit Arrangements, 1972-2002

Amount Description and Utilization

No. Country

Signing

Date

Total

$ mil.

ESF

$ mil.

Multi/

Bilateral

Repayment

Source

Backup First

Drawn

Fully Repaid

125 Uruguay 8/4/02 1,466 1,466 B IMF, IDB,

IBRD

no 8/5/02 8/9/02

124 Mexico 12/.../00 6,000 3,000 B-standing not used expired 12/.../01

123 Mexico 12/.../99 6,000 3,000 B-standing not used expired 12/.../00

122 Mexico 12/.../98 6,000 3,000 B-standing not used expired 12/.../99

121 Brazil (1) 12/.../98 13,280 5,000 M not applicable no 12/18/98 4/12/00

120 Mexico 12/.../97 6,000 3,000 B-standing not used expired 12/.../98

119 Mexico 12/.../96 6,000 3,000 B-standing not used expired 12/.../97

118 Mexico 12/.../95 6,000 3,000 B-standing not used expired 12/.../96

117 Mexico 12/.../94 6,000 3,000 B-standing not used expired 12/.../95

116 Argentina (1) 3/28/95 1,000 250 M IBRD, IDB 5/4/95 12/1/95

115 Mexico (2) 2/21/95 20,000 20,000 M oil payments no 3/14/95 1/16/97

114 Mexico 1/2/95 3,000 1,500 M oil payments no not used expired 2/21/95

113 Mexico 12/.../93 6,000 3,000 B-standing not used expired 12/.../94

112 Mexico 8/5/94 11,880 3,000 M TBD no not used expired 12/30/94

111 Mexico 4/26/94 6,000 3,000 B oil payments no 1/9/95 1/29/96

110 Macedonia (1) 2/14/94 30 5 M not applicable no not used expired 2/22/94

109 Mexico 3/24/94 6,000 3,000 B TBD no not used expired 4/26/94

108 Mexico 1/10/94 300 300 B-standing not used expired 4/26/94

107 Mexico 11/12/93 6,000 3,000 B TBD no not used expired 3/30/94

106 Peru 3/9/93 900 470 B IBRD no 3/18/93 3/18/93

105 Panama 1/29/92 143 143 B IMF, IBRD no 1/31/92 3/11/92

104 Mexico 1/12/92 300 300 B-standing not used expired 1/12/94

103 Romania 3/6/91 300 40 M IMF, IBRD no 3/7/91 3/21/91

102 Honduras 6/28/90 147 82 M IMF, IBRD no 6/28/90 11/20/90

101 Guyana 6/20/90 178 32 M IMF, IDA,

CDB

no 6/20/90 9/20/90

100 Hungary 6/19/90 280 20 M IMF, IBRD no 6/21/90 9/5/90

99 Costa Rica 5/18/90 28 28 B IMF no 5/21/90 5/21/90

98 Mexico 3/23/90 1,300 600 M IMF, IBRD oil payments 3/28/90 7/31/90

97 Venezuela 3/16/90 400 104 M IMF, IBRD no 3/30/90 4/30/90

96 Mexico 1/12/90 300 300 B-standing not used expired 1/12/92

95 Bolivia 12/28/89 75 75 B IMF no 12/27/89 1/12/90

94 Poland 12/22/89 500 200 M IMF no 12/28/89 2/9/90

93 Bolivia 9/15/89 100 100 B IMF no 9/22/89 12/29/89

92 Mexico 9/14/89 200 4,125 M IMF, IBRD no 9/25/89 2/15/90

91 Bolivia 7/11/89 100 100 B IBRD, IDB, no 7/18/89 9/15/89
ESF Credit Arrangements, 1972-2002

Amount Description and Utilization

No. Country

Signing

Date

Total

$ mil.

ESF

$ mil.

Multi/

Bilateral

Repayment

Source

Backup First

Drawn

Fully Repaid

bilateral loans

90 Venezuela 3/10/89 450 450 B IMF no 3/15/89 4/3/89

89 Argentina 10/19/88 500 265 M IBRD no 11/22/88 2/28/89

88 Mexico 7/25/88 300 300 B-standing 6/1/88 9/15/88

87 Brazil 7/19/88 500 250 M IMF no 7/29/88 8/26/88

86 Yugoslavia 6/10/88 250 50 M IMF, IBRD no 6/15/88 7/1/88

85 Argentina 2/23/88 550 550 B IMF, IBRD no 2/24/88 5/31/88

84 Mexico 12/31/87 300 300 B-standing see item 88 expired 12/31/89

83 Ecuador 12/3/87 31 31 B IMF, IBRD no 12/4/87 1/26/88

82 Argentina 10/30/87 675 200 M IMF, IBRD no 11/13/87 12/30/87

81 Argentina 3/5/87 500 225 M IMF no 3/9/87 7/15/87

80 Nigeria 10/21/86 250 37 M IMF, IBRD oil payments 10/31/86 12/11/86

79 Bolivia 9/16/86 100 100 B IMF no not used expired 11/14/86

78 Mexico 8/26/86 1,600 273 M IMF, IBRD oil payments 6/29/86 2/13/87

77 Ecuador 5/14/86 150 150 B IMF no 5/16/86 8/14/86

76 Mexico 12/31/85 300 300 B-standing not used expired 12/31/87

75 Argentina 6/18/85 483 150 M IMF no 6/19/85 9/30/85

74 Argentina 12/6/84 500 500 B IMF no 12/28/84 1/15/85

73 Philippines 10/12/84 45 45 B IMF no 11/7/84 12/28/84

72 Argentina 3/30/84 300 300 B IMF no not used expired 9/15/84

71 Mexico 12/31/83 300 300 B-standing not used expired 12/31/85

70 Jamaica 12/23/83 50 50 B IMF bauxite

payments

12/29/83 3/2/84

69 Yugoslavia (1) 4/22/83 500 75 M Gold, IMF,

IBRD

no not used expired 11/15/83

68 Brazil 2/28/83 400 400 B IMF no 2/28/83 3/11/83

67 Brazil (1) 12/24/82 1,450 500 M IMF no not used expired 11/30/83

66 Brazil 12/10/82 250 250 B IMF no 12/13/82 1/11/83

65 Brazil 11/29/82 450 450 B IMF no 11/29/82 3/3/83

64 Brazil 11/17/82 280 280 B IMF no 11/18/82 2/1/83

63 Brazil 10/27/82 500 500 B IMF no 10/28/82 12/28/82

62 Mexico 8/26/82 1,850 600 M IMF oil payments 9/16/82 8/26/83

61 Mexico 8/15/82 1,000 1,000 B oil payments no 8/16/82 8/24/82

60 Mexico 12/31/81 300 300 B-standing not used expired 12/31/83

59 Netherlands(3) 8/17/81 500 500 B no not used expired 8/17/91

58 Mexico 12/31/79 300 300 B-standing not used expired 12/31/81

57 Mexico 12/31/77 300 300 B-standing 6/30/78

56 BIS (4) 2/1/77 500 500 M not used expired 2/7/78
ESF Credit Arrangements, 1972-2002

Amount Description and Utilization

No. Country

Signing

Date

Total

$ mil.

ESF

$ mil.

Multi/

Bilateral

Repayment

Source

Backup First

Drawn

Fully Repaid

55 Portugal (5) 2/1/77 300 300 IMF no 2/1/77 9/1/77

54 UK 12/15/76 500 250 M IMF no not used expired 8/77

53 UK 6/6/76 5,300 1,000 M IMF no 6/1/76 12/9/76

52 Mexico 9/20/76 235 235 B not used expired 8/25/77

51 Mexico 9/20/76 365 365 B IMF no 10/2/76 11/5/76

50 Mexico 9/20/76 300 300 B-standing IMF no 11/1/76 4/1/77

49 Mexico 12/31/75 300 B-standing IMF not used expired 12/31/77

48 Mexico 12/31/73 200 B-standing not used expired 12/31/75

(1) These were ESF guarantees of Bank for International Settlements (BIS) credit to the borrowing country. In no

case was the ESF guarantee called upon.

(2) Medium-Term Exchange Stabilization Agreement: Not-to-exceed $20 billion, including any short-term

borrowings by Mexico from the ESF, backing by the ESF of any Federal Reserve short-term swap credits to

Mexico, and possible ESF guarantees of a securities issue by Mexico.

(3) Related to U.S.-Iranian claims settlement; renewed biennially until 8/91.

(4) Short-term swap facility provided to the BIS in connection with BIS's 2-year credit facility for U.K. under

sterling balances arrangement.

(5) Portugal drew $85 million through short-term dollar/escudo swaps; remaining $215 million was made available

in the form of reciprocal gold deposits, which allowed Portugal to use part of its gold reserves.

ESF Credit Arrangements, 1936-1972

No. Country Signing

Date

Amount

$ mil.

Description and Utilization

47 Mexico 12/31/71 100 2 year term-not used-expired 12/31/73

46 Mexico 12/31/69 100 2 year term-not used-expired 12/31/71

45 Argentina 5/2/68 75 expired on 5/2/69

44 Venezuela 3/18/68 50 expired on 3/18/70

43 Nicaragua 3/4/68 5 1 year term-not used-expired 3/4/69

42 Mexico 12/31/67 100 2 year term-no draws by Mexico-ESF drew-expired 12/31/69

41 Argentina 5/2/67 75 1 year term-not used-expired 5/2/68

40 Colombia 4/1/66 13 1 year term, no draws permitted after expiration, total of $10. Million drawn

and fully repaid by 6/30/69

39 Venezuela 3/18/66 50 2 year term-not used-expired 3/17/68

38 Mexico 1/1/66 75 2 year term-no draws by Mexico-ESF drew-expired 12/31/67

37 Brazil 2/23/55 54 not used-expired 1/12/66

36 Chile 2/4/65 16 $16.1 million drawn, expired 1/30/66

35 Dominican R. 8/10/64 6 1 year term, $6.25 million drawn, fully repaid by 6/30/67

34 Chile 3/13/64 15 $12 million drawn, repaid by 6/30/67, expired 2/4/67
ESF Credit Arrangements, 1936-1972

No. Country Signing

Date

Amount

$ mil.

Description and Utilization

33 Mexico 1/1/64 75 2 year term-not used-expired 12/31/65

32 Chile 1/31/63 10 1 year term, $12 million drawn and fully repaid by 6/30/66

31 Philippines 5/30/62 25 expired on 3/31/63

30 Argentina 6/7/62 50 renewed 3/27/63-$50 million drawn and fully repaid by 10/6/63

29 Costa Rica 9/6/61 6 expired on 9/5/62

28 El Salvador 7/14/61 6 expired on 7/14/62

27 Brazil 5/16/61 70 2 year term, originally for $70 million, $130 million drawn and fully repaid

by 6/30/57

26 Chile 2/10/61 15 2 year term-not used-expired 2/9/63

25 Chile 6/1/59 15 7 month term-not used-expired 12/31/59

24 Argentina 1/1/59 50 1 year term, extended 2 years 5 months-$25 million drawn and repaid by

6/30/62-expired 6/7/62

23 Peru 2/17/58 18 expired on 2/28/60

22 Mexico 1/1/58 75 2 year term, extended for 2 years twice, expired 12/31/63

21 Nicaragua 10/1/57 5 6 month term-not used-expired 3/31/58

20 Paraguay 8/1/57 6 1 year term-extended 1 year-not used-expired 7/31/59

19 Bolivia 12/14/56 8 1 year term-extended 125 months-not used-expired 2/28/59

18 Chile 4/1/56 10 1 year term-extended 2 years-not used-expired 3/31/59

17 Peru 2/17/54 13 1 year term-extended 3 times by 1 year-not used-expired 2/17/58

16 Mexico 7/1/53 75 2-1/2 year term, extended 2 years-not used-expired 12/31/57

15 Mexico 7/1/51 50 2 year term-not used-expired 6/30/53

14 Mexico 6/17/49 12 supplement to previous credit agreement-expired 6/30/51

13 Mexico 7/1/47 50 4 year term-$37 million drawn-repaid in 1950-expired 6/30/51

12 Mexico 7/1/45 40 2 year term-not used-expired 6/30/47

11 Liberia 9/26/42 2 1 year and 9 month term-not used-expired 6/30/44

10 Brazil 7/6/42 100 5 year term-not used-expired 7/15/47

9 Cuba 7/6/42 5 11 month term, 2 extensions totalling 6 years-expired 6/30/49

8 Iceland 5/1/42 2 14 month term, extended for 1 year-not used-expired 6/30/45

7 Ecuador 2/27/42 5 1-1/4 year term, twice extended by 1 year-not used-expired 6/30/45

6 Mexico 11/19/41 40 1-1/2 year term, extended for 2 years-not used-expired 6/30/45

5 China 4/1/41 50 1-1/4 year term, extended for 1 year-not used-expired 6/30/43

4 Mexico 1/6/38 10 1 year term, expired 12/31/38

3 Brazil 7/15/37 60 5 year term-not used-expired 7/15/42

2 China 5/25/36 20 14 month term-not used-expired 7/31/37

1 Mexico 1/3/36 5 2 year term-not used-expired 1/26/38