Nonperturbative corrections to 4D string theory effective actions from SL(2,Z) duality and supersymmetry.

We find the D(-1)- and D1-brane instanton contributions to the hypermultiplet moduli space of type IIB string compactifications on Calabi-Yau threefolds. These combine with known perturbative and world sheet instanton corrections into a single modular invariant function that determines the hypermultiplet low-energy effective action.