Special Drawing Rights

E280054

Special Drawing Rights are an international reserve asset created by the IMF to supplement member countries’ official reserves and support global liquidity.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf IMF reserve asset ⓘ
international reserve asset ⓘ
supplementary foreign exchange reserve asset ⓘ
2021AllocationSize about SDR 456 billion ⓘ
abbreviation SDR ⓘ
accountingUse IMF unit of account ⓘ
unit of account for some other international organizations ⓘ
allocationAuthority Board of Governors of the IMF ⓘ
allocationBasis IMF quotas of member countries ⓘ
allocationCriterion long-term global need to supplement existing reserve assets ⓘ
basketReviewFrequency every five years ⓘ
category international monetary system instrument ⓘ
convertibility can be voluntarily traded between participants ⓘ
convertibilityMechanism Voluntary Trading Arrangements ⓘ
designation mechanism (backstop) ⓘ
creator International Monetary Fund ⓘ
currentCurrencyBasketIncludes Chinese renminbi ⓘ
linked to: Chinese yuan

Japanese yen ⓘ
US dollar ⓘ
euro ⓘ
pound sterling ⓘ
linked to: Pound sterling
holderType IMF member countries ⓘ
prescribed SDR holders ⓘ
inception 1969 ⓘ
interestRate SDR interest rate determined weekly ⓘ
interestRateBasis weighted average of representative interest rates on SDR basket currencies ⓘ
isNot a claim on the IMF itself ⓘ
a currency ⓘ
issuer International Monetary Fund ⓘ
legalBasis IMF Articles of Agreement ⓘ
liquidityCharacteristic can be exchanged for freely usable currencies among participants ⓘ
notableAllocation 2009 general SDR allocation in response to the global financial crisis ⓘ
2021 general SDR allocation in response to the COVID-19 crisis ⓘ
obligationOfHolders to provide freely usable currency in exchange for SDRs when designated by the IMF ⓘ
obligationOfIMF to ensure the proper functioning of the SDR system ⓘ
purpose to provide unconditional reserve assets to IMF members ⓘ
to supplement IMF member countries’ official reserves ⓘ
to support global liquidity ⓘ
relatedConcept IMF quota system ⓘ
foreign exchange reserves ⓘ
global financial safety net ⓘ
relatedOrganization World Bank ⓘ
unitType potential claim on freely usable currencies of IMF members ⓘ
use to obtain freely usable currencies from other IMF members ⓘ
to pay charges to the IMF ⓘ
to receive interest from the IMF ⓘ
to settle financial obligations between IMF members ⓘ
valuationMethod basket of major international currencies ⓘ

How these facts were elicited

Referenced by (9)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bancor → relatedConcept → Special Drawing Rights ⓘ
subject linked to: bancor
litas → peggedToCurrency → Special Drawing Rights ⓘ
Convention on the Contract for the International Carriage of Goods by Road → carrierLiabilityLimitBasis → Special Drawing Rights ⓘ
International Development Association → currency → Special Drawing Rights ⓘ
subject linked to: IDA
Articles of Agreement of the International Monetary Fund → providesFor → Special Drawing Rights Department of the International Monetary Fund ⓘ
linked to: Special Drawing Rights
Montreal Convention → usesMonetaryUnit → Special Drawing Rights ⓘ
SDR → standsFor → Special Drawing Rights ⓘ
Special Drawing Rights → distinctFrom → Special Drawing Rights Department of the IMF ⓘ
subject linked to: SDR
linked to: Special Drawing Rights