Evaluation of Borrowing and Lending in Rand

This ex post evaluation covers EIB borrowing in rand and EIB financing in the region between 1995 and 2006. It focuses on the relevance and performance of the operations (lending and borrowing). In addition, the role of the EIB in these activities is evaluated. The specific dimension of associating lending and borrowing in a non-OECD currency is highlighted through an in-depth evaluation of the lending and borrowing portfolios.