Dollar Window
The US Dollar Window Program (DW) was introduced in 1994 to address the needs of small and medium-size borrowers for single currency, market-based loans that would not have the multi-currency exchange rate risk exposures embedded in Currency Pooling System loans. The DW was established for private sector borrowers with sovereign guarantee, and targeted specifically loans approved under Multi-sector Global Credit Programs for on-lending to private sector sub-loans. Loans were denominated in US dollars and carried a 6-month LIBOR interest rate (DW-LIBOR), or a fixed-rate set at disbursement (DW Fixed@Disb). Maximum loan amounts were set at $500 millionand disbursements were made on pre-determined dates (Feb.15, May, 15, Aug. 15, Nov. 15). The DW was discontinued for new approvals in June 2007.
For applicable rates on DW outstanding balances please refer to Interest Rates and Charges.
For historic DW lending rates, see