International Monetary Fund
Denmark: Reserve Tranche Position
from January 01, 2003 to December 31, 2003

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, 2003         686,328,413
 November 30, 2003         668,828,413
 October 31, 2003         696,540,913
 September 30, 2003         718,245,865
 August 31, 2003         718,245,865
 July 31, 2003         718,245,865
 June 30, 2003         757,186,698
 May 31, 2003         712,471,698
 April 30, 2003         714,288,365
 March 31, 2003         714,288,366
 February 28, 2003         695,727,233
 January 31, 2003         716,992,233

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

Denmark: Financial Position in the Fund