International Monetary Fund
Cyprus: 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         66,816,929
 November 30, 2003         66,816,929
 October 31, 2003         67,218,929
 September 30, 2003         57,718,929
 August 31, 2003         62,175,929
 July 31, 2003         62,175,929
 June 30, 2003         62,353,429
 May 31, 2003         53,639,891
 April 30, 2003         49,114,891
 March 31, 2003         49,114,892
 February 28, 2003         49,114,892
 January 31, 2003         49,114,892

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

Cyprus: Financial Position in the Fund