Greece: 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         334,256,216
 November 30, 2003         393,262,216
 October 31, 2003         403,262,216
 September 30, 2003         367,183,216
 August 31, 2003         367,183,216
 July 31, 2003         309,183,216
 June 30, 2003         309,183,216
 May 31, 2003         320,751,216
 April 30, 2003         322,451,216
 March 31, 2003         322,451,215
 February 28, 2003         322,451,216
 January 31, 2003         322,451,215

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

Greece: Financial Position in the Fund