The front-loading of IDA resources and fast implementation procedures such as the Vulnerability Financing Facility, are appropriate measures at this time of crisis. We believe that IDA is well positioned to accelerate its support to low income countries, thanks to the  BIS Review 552009  1  substantial increase of its commitment authority for the next three years under the IDA 15 replenishment.
Non-bank and non-euro area entities are prepared to pay rates below the deposit facility rate, and below the rates offered by those with access to the facility, for two main reasons. First, because internal risk management rules restrict their choice of counterparties to those with the lowest credit risk.