Export Credits

The OECD's Export Credit Division facilitates work relating to the policies and practices of OECD Member governments who provide Officially Supported Export Credits.

What's new

Monthly Update of Commercial Interest Reference Rates (CIRR)

05-Nov-2008

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

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

05-Nov-2008

The Commercial Interest Reference Rates for Civil Aircraft valid from 15 november to 14 December 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.

Principles and Guidelines to promote Sustainable Lending practices in the provision of Official Export Credits to low income countries

20-Jun-2008

The provision of official export credits to public and publicly guaranteed buyers in low income countries should reflect Sustainable Lending practices (lending that supports a borrowing country’s economic and social progress without endangering its financial future and long-term development prospects). 

ECG Members agree to apply principles to obtain reasonable assurances that their commercial lending decisions are not likely to contribute to debt distress in the future in relation to any official export credit with a repayment term of one year or more.

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.

Annual Update of Differentiated Discount Rates (DDR)

07-Jan-2008

2008 Differentiated Discount Rates valid from 15 January 2008 to 14 January 2009

2006 cash flow results for officially supported export credits

14-Dec-2007

The OECD Member countries of the Working Party on Export Credits and Credit Guarantees submit their cash flow results for officially supported export credits to the OECD Secretariat on an annual basis. The following Tables I, II, III, IV and V represent the 2006 and previous years’ results which are expressed in Special Drawing Rights (SDRs).

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.

Brazil joins OECD countries in landmark pact on civil aircraft export credits

30-Jul-2007

The world’s major civil aircraft exporting countries, including OECD countries and Brazil, announced a landmark agreement limiting government support for export deals in an effort to end acrimonious trade disputes and encourage manufacturers and airlines to focus on price and quality rather than on financial packages of government support.

Country Risk Classification

24-Oct-2008

The Country Risk Classification and the Multilateral/Regional Financial Institutions Risk Classification as of 24 October 2008 are available.

OECD adopts stronger environmental rules for export credits

13-Jun-2007

OECD countries have agreed to a Recommendation that calls for stronger environment-related requirements for export deals to qualify for export credit backing from their governments’ Export Credit Agencies (ECAs).

A new OECD Recommendation has been adopted by the OECD Council to deter bribery in officially supported export credits

20-Dec-2006

A new OECD Recommendation has been adopted by the OECD Council to deter bribery in officially supported export credits; the Recommendation builds on experience gained since the implementation of the 2000 Action Statement on anti-bribery measures agreed by the OECD Member countries of the Working Party on Export Credits and Credit Guarantees.

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Country Classification

For aid and repayment
For Risk/Premium

OECD Export Credits Notifications Database

Access to this database is password protected; it is available only to Governments. To request access please contact the OECD Secretariat.

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Dialogue with Stakeholders

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