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PREMIUM AND RELATED CONDITIONS: EXPLANATION OF THE PREMIUM RULES OF THE ARRANGEMENT ON OFFICIALLY SUPPORTED EXPORT CREDITS (THE KNAEPEN PACKAGE)

机译:保费及相关条件:官方支持的出口信用证(KNAEPEN包裹)安排的保费规则的解释

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The objectives of the Knaepen Package, as reflected in Article 22 of the Arrangement on Officially Supported Export Credits (the "Arrangement"), are to ensure that Participants to the Arrangement charge premium rates in addition to interest charges that: ⅰ. cover the risk of non-repayment of export credits (i.e. credit risk); and ⅱ. are not inadequate to cover long-term operating costs and losses associated with the provision of export credits. Another stated purpose of the Knaepen Package is premium rate convergence, which although not easily measured or defined, is a general outcome that can be expected when the two above-mentioned objectives are met. The rules and principles of the Knaepen Package were designed with the perspective of the exporter in mind. This means that they are meant to provide for a level playing field with regard to the premium cost of official export credit support for exporters in competition for overseas sales. Since official export credit support is provided through insurance, guarantees and direct credits, these different systems are taken into account in the premium rules; mainly through differentials in the required Minimum Premium Rates (MPRs) for various types of products. Although the MPRs are defined as minimum rates for sovereign and country credit risks, they apply irrespective of whether the buyer/borrower is a private or public entity. Thus, in effect the MPRs are floor rates that must be respected whenever country and buyer risk is covered.
机译:《官方支持的出口信贷安排》(“该安排”)第22条所反映的Knaepen一揽子计划的目标是确保该安排的参与者除以下利息费用外还收取溢价费率:ⅰ。承担未偿还出口信贷的风险(即信贷风险);和ⅱ。不足以弥补长期经营成本和与提供出口信贷有关的损失。 Knaepen一揽子计划的另一个明确目的是保费率融合,尽管不容易衡量或定义,但它是实现上述两个目标时可以预期的总体结果。 Knaepen软件包的规则和原则在设计时就考虑了出口商的观点。这意味着它们旨在为在竞争海外销售中为出口商提供的官方出口信贷支持的溢价提供公平的竞争环境。由于官方出口信贷支持是通过保险,担保和直接信贷提供的,因此保费规则考虑了这些不同的系统;主要是通过不同类型产品所需的最低保费率(MPR)的差异来实现的。尽管MPR被定义为主权和国家信用风险的最低利率,但无论买方/借款人是私人还是公共实体,它们均适用。因此,实际上,MPR是在覆盖国家和买方风险时必须遵守的最低利率。

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    《OECD Papers》 |2004年第12期|p.375.1-375.26|共26页
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