41
36
23
Q4 09 vs. Q4 08
letters of credit
Q4 08 vs. Q4 07
38
52
10
Sources: IMF and BAFT-IFSA 2010.
0
10
20
30
40
50
60
70
80
90
100
increases
no change
48
40
12
Q4 09 vs. Q4 08
46
23
31
short- and medium-term lending
Q4 08 vs. Q4 07
decreases
Q4 09 vs. Q4 08
31
49
20
export credit insurance
Q4 08 vs. Q4 07
29
62
9
Figure 5.13 Effect of “Recent Developments” on Pricing of Trade Instruments
percentage of respondents
110