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To: Rmn who wrote (8822)	11/21/1997 8:56:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

ramses, at the time they were up to $50 BB (it was increased after the Mexican bail out), I think they'll have to go for a collection, they must have commited already some $60 in Malaysia, Indonesia and Thailand (I am not sure if there is a comittment here). Now Korea is asking for $60 BB and by the time it is over who knows how much. I was under the impression that the total debt to banks in Korea was "only" $200 BB, $60 BB seems quite a lot. Zeev

To: Rmn who wrote (8822)	11/21/1997 8:58:00 AM
From: John Hunt	Respond to of 18056

ramses, Check the FAQ at the IMF site for more than you ever wanted to know about the organization.. imf.org <<< The quota subscriptions, or membership fees referred to earlier, constitute the largest source of money at the IMF's disposal. Quotas are now in theory worth about $210 billion, although in practice this sum is deceptively large. Because member countries pay 75 percent of their quotas in domestic money, and because most national currencies are rarely in demand outside the countries issuing them, approximately half of the money on the IMF's balance sheets cannot be used. >>> :-)) John