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Iceland: Financial Position in the Fund
as of December 31, 2013

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

    I. Membership Status: Joined: December 27, 1945;Article VIII

  II. General Resources Account:SDR Million%Quota
       Quota117.60100.00
       Fund holdings of currency (Exchange Rate)610.73519.33
       Reserve Tranche Position18.7515.95

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation112.18100.00
       Holdings5.374.79

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      Stand-by Arrangements511.88435.27

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Nov 19, 2008  Aug 31, 20111,400.00    1,400.00
      Stand-By  Mar 22, 1962  Mar 21, 19631.63    0.00
      Stand-By  Feb 16, 1961  Dec 31, 19611.63    0.00

VI. Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2014  2015  2016  2017  2018 
  Principal

341.25170.63

  Charges/Interest
10.256.651.200.140.14
   Total
10.25347.90171.830.140.14
1/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section.


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

Prepared by Finance Department

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