Pre-mixed Credit
Terms and conditions valid for 100 % of the refinanced project value
|
Terms of the contract** |
24-year soft loan plus individual drawing period |
|
thereof grace period |
8 years plus individual drawing period |
| number of instalments |
32 half-yearly instalments |
| Interest rate |
0 % p.a. |
| Guarantee charge less 50 % grant |
1.10 % p.a. |
| Grant for 50 % of the guarantee charge (indicative)* |
18.425 % of the refinanced project value |
|
Minimum grant element according to IMF |
≥ 35 % |
|
Minimum concessionality level according to OECD consensus |
≥ 50 % |
*) The calculation is based on a 2-year drawing period. Guarantee charge starting as of zero point.
**) In order to calculate the grant element according to the IMF rules the individual drawing period as well as all costs arising for the borrower have to be taken into account.
Overview of country risk categories