Guiding principles and factors determining terms of financial instruments

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Guiding principles and factors determining terms of financial instruments

The choice of terms of grants and concessional loans (as well as of other types of financial instruments) will depend on five core factors: financial inputs, uses of funds, incentives, concessionality and expertise and capacity of financial intermediaries. In addition to these factors, the terms of financial instruments of the Fund will need to be guided by a defined set of principles, as outlined in this document, to ensure coherence and consistency.

Cover date 10 October 2013
Document type Policies, strategies, and guidelines