a) There are no conditions attached to the loan.
b) The loan has a 13-year repayment period including a 3-year grace period (period after the disbursement where no capital repayments are required). The interest rate of the loan consists of the 6 month Secured Overnight Financing Rate (SOFR) (currently at 0.05%) plus a 0.75% variable spread, for an all-in rate of 0.80%.
c) It is a budget supported loan to assist the government to deal with the impact of the COVID-19 pandemic.