German–Soviet Credit Agreement (1939)

The German–Soviet Credit Agreement (also referred to as the German–Soviet Trade and Credit Agreement) was an economic arrangement between Nazi Germany and the Soviet Union whereby the latter received an acceptance credit of 200 million ℛ︁ℳ︁ over seven years with an effective interest rate of 4.5 percent. The credit line was to be used during the next two years for purchase of capital goods (factory equipment, installations, machinery and machine tools, ships, vehicles, and other means of transport) in Germany and was to be paid off by means of Soviet material shipment from 1946 onwards.

Source: Wikipedia — German–Soviet Credit Agreement (1939) (CC BY-SA 4.0)