On December 6, 2010 the Executive Board approved a three-year Extended Arrangement under the Extended Fund Facility (EFF) for Ireland under the exceptional access policy and Emergency Financing Mechanism (EFM). The arrangement provides access in an amount of SDR 19.5 billion (€22.5 billion, US$30 billion, 2,321.8 percent of Ireland’s quota) and is part of an overall financing package of €85 billion, with €45 billion from the European Union and bilateral European financing and the rest from self-financing by the Irish. SDR 5 billion became available on approval of the Extended Arrangement, and was purchased by Ireland on January 18, 2011 in parallel with the first EU disbursement. The EFM procedures call for a review of the initial policy response and reaction of markets to the policies within one to two months of the approval of the arrangement. To that end, a mission visited Dublin during January 19–21.