International Monetary Fund
Portugal: 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         320,311,509
 November 30, 1996         320,311,509
 October 31, 1996         321,236,509
 September 30, 1996         321,231,993
 August 31, 1996         321,231,994
 July 31, 1996         322,156,993
 June 30, 1996         322,156,993
 May 31, 1996         323,081,994
 April 30, 1996         311,081,994
 March 31, 1996         311,079,762
 February 29, 1996         313,529,762
 January 31, 1996         314,983,655

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

Portugal: Financial Position in the Fund