Arrangement on Export Credits

The Arrangement  is a "Gentlemen's Agreement" amongst its Participants who represent most OECD Member Governments. The Arrangement sets forth the most generous export credit terms and conditions that may be supported by its Participants.

What's new

Monthly Update of Commercial Interest Reference Rates (CIRR)

06-Oct-2008

The Commercial Interest Reference Rates valid from 15 October to 14 November 2008 have been published (Ctrl-F5 to obtain the latest rates).

Monthly Update of Commercial Interest Reference Rates for Civil Aircraft (ASU CIRR)

06-Oct-2008

The Commercial Interest Reference Rates for Civil Aircraft valid from 15 October to 14 november 2008 have been published.

2008 Country Classification

27-Aug-2008

Classification of countries according to per capita gross national income (GNI) to determine maximum repayment term and tied aid eligibility under the Arrangement applicable as of 25 July 2008.

Export Credits Arrangement 1978-2008: Achievements and Challenges-Continued!

13-May-2008

The Arrangement on Officially Supported Export Credits, has moved from a relatively simple to a more sophisticated market-reflective instrument, worth commemorating, especially in the light of its continuing relevance and dynamism

Renewable Energy and Water Sector Projects under Annex IV of the Arrangement

28-Jul-2008

The following table shows the number and value of renewable energy and water projects prior notified under Annex IV of the Arrangement on Officially Supported Export Credits for the period July 2005 to December 2007.

Country Risk Classification

20-Jun-2008

The Country Risk Classification and the Multilateral/Regional Financial Institutions Risk Classification as of 20 June 2008 are available.

2008 Arrangement on Officially Supported Export Credits

02-Jan-2008

The 2008 version of the Arrangement text contains new provisions applicable to local costs, Ships and Aircraft sectors; this new Arrangement text came into effect on 1st January 2008.

2007 Sector Understanding on Export Credits for Ships

11-Oct-2007

This Sector Understanding on Export Credits for Ships which came into force on 8 October 2007; it replaces the previous version of that Understanding, in force since 2002.

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Country Classification

For aid and repayment
For Risk/Premium