NAB
From Reuters Financial Glossary
(Redirected from New Arrangements to Borrow)
Synonym: New Arrangements to Borrow
A credit line to the IMF arranged by 25 members and institutions following the Mexican financial crisis in 1994, to provide supplementary resources to protect the international monetary system. The NAB will be called on first before resort to the General Arrangements to Borrow (a credit line with the G10 group of countries).
See also: GAB
