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

Country Risk Classification

03-Jul-2009

The Country Risk Classification and the Multilateral/Regional Financial Institutions Risk Classification as of 3 July 2009 are available.

Minimum Premium Rates for Category 2 and 3 Aircraft Transaction under the ASU

29-Jun-2009

2009 Minimum Premium Rates for Category 2 & 3 Aircraft Transaction under the ASU.

In accordance with Article 37 a) 3) of the Aircraft Sector Understanding on Export Credits for Civil Aircraft (the ASU), the Participants to the ASU have agreed to new 2009 minimum premium rates for category 2 and Category 3 aircraft transaction.

Tables 2 a) and 2 b) below replace prevailing Tables 2 a) and 2 b) in Section 3 of Appendix III of the ASU.

Sector Understanding on Renewable Energy and Water Projects - Statement on Climate Change and Export Credits

24-Jun-2009

The Participants to the Arrangement on Officially Supported Export Credits have agreed to review the Sector Understanding in a 2 stage approach

OECD countries boost official support for renewable and nuclear energy exports

24-Jun-2009

OECD countries have agreed to boost official backing for exports of renewable energy and nuclear power equipment by offering more generous terms on government-backed credits in support of export deals.

Sector Understanding on Export Credits for Nuclear Power Plants

25-Jun-2009

Following the 108th Participants Meeting, the Participants to the Arrangement on Officially Supported Export Credits have agreed to some modifications to the rules of the Arrangement.

Sector Understanding on Export Credits for Renewable Energies and Water Projects

25-Jun-2009

Following the 108th Participants Meeting, the Participants to the Arrangement on Officially Supported Export Credits have agreed to some modifications to the rules of the Arrangement.

Monthly Update of Commercial Interest Reference Rates (CIRR)

04-Jun-2009

The Commercial Interest Reference Rates valid from 15 June to 14 July 2009 have been published (Ctrl-F5 to obtain the latest rates).

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

03-Jun-2009

The Commercial Interest Reference Rates for Civil Aircraft valid from 15 June to 14 July 2009 have been published.

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

02-Jun-2009

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 2008.

Coordination of export credit support agreed to help boost trade flows

24-Apr-2009

Thirty-five countries have agreed to co-ordinate export credit support to help boost international trade and investment during the economic crisis. The OECD will host regular meetings to exchange information and monitor progress.

2009 Arrangement on Officially Supported Export Credits - New release

18-Feb-2009

The new version of the 2009 Arrangement on officially supported export credits  has been issued, taking into account changes agreed by the Participants to the Arrangement in response to the financial crisis: this new version becomes applicable as of 31 January 2009.

2008 Country Classification (as of 31 January 2009)

18-Feb-2009

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 31 January 2009.

Aircraft Sector Understanding : Cape Town Convention (CTC) Contracting Parties Qualifying for a CTC Discount

09-Dec-2008

Appendix III to the Aircraft Sector Understanding (ASU) provides for a discount from the minimum premium rate in the case a state fulfills the conditions set out in Article 22 of that Appendix.

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

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Country Classification

For aid and repayment
For Risk/Premium