01633cas a2200241 a 4500 AALejournalIMF020507 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498341233 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Unification of Discount Rates Used in External Debt Analysis for Low-Income Countries. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (11 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 This paper proposes reforms to the discount rates used by the Bank and the Fund to (a) calculate the present value (PV) of the external debt of low-income countries (LICs) in debt sustainability analyses (DSAs) and (b) to calculate the grant element of individual loans. Consistent with the conclusions of the March 2013 review of the Fund's debt limits policy, the paper proposes a single uniform discount rate to be used for these related operational purposes. It has been prepared as a joint product of Bank and Fund staff, with the exception of the decision, which is Fund-specific. Mode of access: Internet Policy Papers; Policy Paper ; No. 2013/026 Full text available on IMF http://elibrary.imf.org/view/journals/007/2013/026/007.2013.issue-026-en.xml IMF e-Library