Documents & Reports

The importance of sub-national authorities avoiding foreign exchange risk when borrowing long-term (English)


It has become an internationally recognized best practice to match the repayment term of long term debt financing to the expected useful life of the infrastructure financed; sometimes 15 years or more. This makes infrastructure affordable. However, it...  See More +


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Complete Report in English

Official version of document (may contain signatures, etc)

*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.