International Monetary Fund
Japan: Reserve Tranche Position
from January 01, 1996 to December 31, 1996

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, 1996         4,639,253,020
 November 30, 1996         4,639,253,020
 October 31, 1996         4,684,253,019
 September 30, 1996         4,650,626,620
 August 31, 1996         4,650,626,620
 July 31, 1996         4,677,488,338
 June 30, 1996         4,677,488,338
 May 31, 1996         4,587,488,339
 April 30, 1996         4,592,488,338
 March 31, 1996         4,592,488,339
 February 29, 1996         4,297,488,338
 January 31, 1996         4,311,677,463

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

Japan: Financial Position in the Fund