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  • IMF Executive Board Approves A US$ 250 Million Disbursement To The Bahamas To Address The COVID-19 Pandemic

    Date 01/06/2020

    • The IMF Executive Board approved The Bahamas’s request for emergency financial assistance of about US$250 million to help meet the urgent balance-of-payments needs stemming from the COVID-19 pandemic.
    • The COVID-19 pandemic comes on the heels of the widespread destruction caused by Hurricane Dorian in September 2019. Coupled with domestic containment measures, the collapse in tourism will cause a deep recession.
    • The Bahamian authorities have taken timely and targeted measures to boost health spending and mitigate the socio-economic impact of the pandemic, supporting jobs and vulnerable segments of the population.

  • IMF Executive Board Completes Second Reviews Under SBA And SCF Arrangement And Approves Augmentations Of Access To Support Honduras’ COVID-19 Measures

    Date 01/06/2020

    • The decisions increase total Fund support to about US$531 million. This immediately releases US$233 million, more than a fivefold increase in the amount originally approved by the Executive Board.
    • The COVID-19 pandemic and external spillovers are expected to hit Honduras hard, and the augmentation of access will support the authorities’ response to mitigate the impact.
    • The completion of the reviews will help Honduras meet urgent balance of payments needs stemming from the pandemic, including increased health care and social spending.

  • Amended Filing Extension - MIAX Rule 1308 Annual Reports

    Date 01/06/2020

    Due to the current Coronavirus (COVID-19) pandemic, the MIAX Exchange Group is proposing to extend temporary relief granted to members on March 30, 2020 from the Supervision Reporting Requirements, described in Rule 1308, by extending the June 1, 2020 filing deadlines to June 30, 2020.

  • OCC May 2020 Total Volume Up 17.3 Percent From A Year Ago

    Date 01/06/2020

    OCC, the world's largest equity derivatives clearing organization, announced today that May 2020 total cleared contract volume was 545,272,318 contracts, up 17.3 percent from May 2019. OCC's year-to-date average daily total cleared contract volume is 27,748,391 contracts, up 41.5 percent from 2019.

  • IMF Executive Board Approves A US$28.5 Million Disbursement To Solomon Islands To Address The COVID-19 Pandemic

    Date 01/06/2020

    • The IMF Executive Board approved the disbursement of US$28.5 million in emergency financing to help Solomon Islands address urgent balance of payments needs created by COVID-19, which is having a severe impact on exports, tourism, and domestic activity.
    • To address the pandemic, the Solomon Islands’ authorities have taken measures to prevent the entry of COVID-19, to increase health and containment spending, and to provide targeted support for vulnerable households and businesses.
    • IMF financing will help fill immediate financing needs and catalyze additional financing from its development partners to support the COVID-19 response.

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