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ADF-11 Financing Framework 2: Discount Rates, Grant Financing & Replenishment Scenarios (Discussion Paper)

15-jan-2014

This ADF-11 Financing Framework 2 paper presents the discount rates for accelerated encashment, discusses the financing of foregone income and principal resulting from the extension of grants under ADF-11 and examines the ADF-9 and ADF-10 grant compensation amounts expected from donors during the ADF-11 disbursement period. It also presents the 5 replenishment scenarios, with each scenario modified with subscription technical gaps of 5% or 10%, as requested by Deputies at the conclusion of the ADF-11 second consultation meeting.

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