Question: How should BID analyze its effective borrowing costs? Under what circumstances should BID expect to prefer borrowing in one currency rather than the other? If

How should BID analyze its effective borrowing costs? Under what circumstances should BID expect to prefer borrowing in one currency rather than the other? If it were issuing a note (i.e., borrowing a currency) now (at the end of the data update), what would you recommend it to do?

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