Hungary: Reserve Tranche Position
from January 01, 2005 to December 31, 2005

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, 2005         134,562,530
 November 30, 2005         240,474,530
 October 31, 2005         240,474,530
 September 30, 2005         257,270,530
 August 31, 2005         273,160,530
 July 31, 2005         299,844,863
 June 30, 2005         299,844,863
 May 31, 2005         299,844,863
 April 30, 2005         314,015,863
 March 31, 2005         314,015,863
 February 28, 2005         332,560,030
 January 31, 2005         337,048,640

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

Hungary: Financial Position in the Fund