Product note: IFAD Single Currency Lending Facility

IFAD is offering Single Currency Lending. The facility allows borrowers/ recipients to denominate new financing in USD or EUR at their preference as an alternative to SDR. Acceptance is at the discretion of IFAD. Grants (including DSF) are covered by the SCL Facility. The key differences between SDR Loans and Loans denominated in single currency relate to the currency of commitment and pricing.