International Monetary Fund
Cabo Verde: Reserve Tranche Position
from January 01, 2002 to December 31, 2002

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, 2002         4,646
 November 30, 2002         4,646
 October 31, 2002         4,646
 September 30, 2002         2,060
 August 31, 2002         2,060
 July 31, 2002         2,060
 June 30, 2002         2,060
 May 31, 2002         2,060
 April 30, 2002         2,060
 March 31, 2002         2,059
 February 28, 2002         2,059
 January 31, 2002         2,059

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

Cabo Verde: Financial Position in the Fund