01537cas a2200241 a 4500 AALejournalIMF019612 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498332385 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Consideration of a New Liquidity Instrument for Market Access Countries. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (20 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The objective of this paper is to consider key issues in the design of a new liquidity instrument for market access countries. It reviews the motivations and challenges of creating such an instrument and lays out options and issues related to four key design elements. Recognizing the need to consider the relationship between these elements, the paper sets out an example of how they might be combined in a lending instrument - called here the Reserve Augmentation Line, or RAL. It also discusses risks. Mode of access: Internet Policy Papers; Policy Paper ; No. 2006/016 Full text available on IMF http://elibrary.imf.org/view/journals/007/2006/016/007.2006.issue-016-en.xml IMF e-Library