International Monetary Fund
China: Reserve Tranche Position
from January 01, 1997 to December 31, 1997

In exchange for the reserve asset portion of its quota payment, an IMF member acquires a liquid claim on the IMF much like a demand deposit in a commercial bank. This claim is called the member's Reserve Tranche Position, and it is equal to the member's quota minus the IMF's holdings of the member's currency (excluding currency holdings that stem from the member's own use of credit). The reserve tranche position is part of the member country's external reserves.


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(in SDRs)
Date SDR Amount
 December 31, 1997         1,682,402,634
 November 30, 1997         1,302,402,633
 October 31, 1997         1,012,402,633
 September 30, 1997         992,402,633
 August 31, 1997         992,402,633
 July 31, 1997         952,402,633
 June 30, 1997         920,040,133
 May 31, 1997         920,040,133
 April 30, 1997         938,665,133
 March 31, 1997         938,665,133
 February 28, 1997         938,665,133
 January 31, 1997         970,965,133

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

China: Financial Position in the Fund