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Russian Federation: Financial Position in the Fund
as of December 31, 1997

Summary of IMF members' quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.

I. Membership Status: Joined: June 01, 1992;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota4,313.10100.00
       IMF's Holdings of Currency (Holdings Rate)14,118.23327.33
       Reserve Tranche Position0.930.02

III. SDR Department:SDR Million%Allocation
       Holdings90.68N/A

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Systemic Transformation Facility2,156.5550.00
      Stand-by Arrangements4,313.10100.00
      Extended Arrangements3,336.2677.35

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      EFF  Mar 26, 1996  Mar 25, 19996,901.00    3,336.26
      Stand-By  Apr 11, 1995  Mar 26, 19964,313.10    4,313.10
      Stand-By  Aug 05, 1992  Jan 04, 1993719.00    719.00

VI. Overdue Obligations and Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         1998  1999  2000  2001  2002 
  Principal
673.902,426.102,189.50841.40915.50
  Charges/Interest
481.30413.00291.70210.60167.40
   Total
1,155.202,839.102,481.201,052.001,082.90

1/ The projection of charges and interest assumes that overdue principal at the report date (if any) will remain outstanding, but forthcoming obligations will be settled on time.


VII. Implementation of HIPC Initiative: Not Applicable

VIII. Implementation of Multilateral Debt Relief Initiative (MDRI):  Not Applicable

IX. Implementation of Post-Catastrophe Debt Relief (PCDR):  Not Applicable

As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust.

Prepared by Finance Department

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.