IMF Finances

Transactions with
the Fund

Credit Outstanding

Projected Payments

IMF Members'
Financial Data by

Korea: Financial Position in the Fund
as of August 31, 2013

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

I. Membership Status: Joined: August 26, 1955;Article VIII

II. General Resources Account:SDR Million%Quota
       IMF's Holdings of Currency (Holdings Rate)2,501.7274.31
       Reserve Tranche Position864.6825.69
       Lending to the Fund

              New Arrangements to Borrow841.16

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation2,404.45100.00

IV. Outstanding Purchases and Loans:   None

V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Dec 04, 1997  Dec 03, 200015,500.00    14,412.50
      of which SRF  Dec 04, 1997  Dec 17, 19989,950.00   9,950.00
      Stand-By  Jul 12, 1985  Mar 10, 1987280.00    160.00
      Stand-By  Jul 08, 1983  Mar 31, 1985575.78    575.78

VI. Overdue Obligations and Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
         2013  2014  2015  2016  2017 

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

As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust.

Prepared by Finance Department

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