(Convertible and non convertible currency)

Non convertible currencies

Decrease in non convertible currencies

Change in non convertible currencies

Note 2. Non convertible currencies

The renminbi is still non convertible.

G. Utilization of accumulated non convertible

Non convertible currency deposits 67 681

G. Utilization of accumulated non convertible currencies

(d) Holdings of accumulated non convertible currencies 10.6

Table 9. Holdings of accumulated non convertible currencies

Table 5 Non convertible currencies held at 31 December 2004

Non convertible currency counterpart contribution to the Caribbean Trust Fund

CDOs, collateralized debt obligations, are derived from mortgage backed securities.

Note 9. Non convertible currencies pending United States dollar credit from UNDP

Separate disclosure should be made of any amounts held in non convertible currencies

During the period 1980 91, exports (at current prices) in both convertible and non convertible currencies represented on average approximately 17 per cent of GDP.

It also includes losses on exchange from devaluation of holdings in non convertible currencies.

Non convertible currency counterpart contributions to the Mediterranean Trust Fund 31 December 1993 . 65

The regular resources cash balance at the end of 2004 was 329 million, consisting of 318 million in convertible currencies and 11 million in non convertible currencies.

The regulatory hybrid securities would have all the advantages of debt in normal times.

The equivalent of 1,491,424 ( 1,099,180) is held in currencies classified as non convertible, as follows

UNDP holdings of accumulated non convertible currencies decreased, as is explained in section I.G below.

Version 1 In view of the multilateral nature of the Programme, non recipient donor countries which make their voluntary contributions wholly or partly in non convertible currencies shall pay a gradually increasing share of their contributions in convertible currencies so that their contributions will be fully convertible by the year 1985.

Finally, solvency rules should be complemented by an obligation that banks issue a substantial amount of non collateralized debt on the order of 100 of their capital that is convertible into equity.

32. For the implementation of the July 1993 to June 1994 programme of activities, the Trust Fund was charged 158,069 in convertible currency and 1,977 in non convertible currency.

Schedule 2.2 Environment Fund non convertible cash and bank deposits as at 31 December 1993 . 33

A horsedrawn convertible.

1. (Para. 17) Disclosure of (a) funds held in non convertible currencies (b) financial reserve (c) inventory value of non expendable property

44. UNDP holdings of accumulating non convertible currencies amounted to 12.0 million as at 31 December 1992.

quot In view of the multilateral nature of the Programme, non recipient donor countries which make their voluntary contributions wholly or partly in non convertible currencies are requested to pay a gradually increasing share of their contributions in convertible currencies. quot

China s investment in US government securities and other sovereign debt will continue to yield extremely low returns.

The yellow convertible, please.

Table 5 shows details of the United States dollar equivalent of non convertible currencies held at 31 December 2004.

Version 2 In view of the multilateral nature of the Programme, non recipient donor countries which make their voluntary contributions wholly or partly in their national non convertible currencies are requested to pay, if possible, a gradually increasing share of their contributions in convertible currencies.

Bosnia and Herzegovina Convertible Mark

Convertible currency deposits 223 993

Light gray Dodge convertible wanted.

It's a '57 Nash convertible.

The available balance (excluding unpaid pledges) that remained in the Trust Fund as at 30 June 1994 amounted to 292,345 in convertible and 13,300 in non convertible currencies (at official rates as at 30 June 1994).

The following table shows details of the United States dollar equivalent of non convertible currencies held at 31 December 2004.

You mean that old Lincoln convertible?

It winds up borrowing temporarily with short term debt then, as borrowing accumulates, it is refinanced with longer term securities.

If this accumulation continues, the currency will be officially added to the list of accumulating non convertible currencies in future reports.

The current banking arrangements will be rationalized the closing of bank accounts for non convertible currencies has been agreed by UNDCP.