Italy: Reserve Tranche Position
from January 01, 1988 to December 31, 1988

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, 1988         941,114,711
 November 30, 1988         969,214,711
 October 31, 1988         965,170,961
 September 30, 1988         985,649,938
 August 31, 1988         976,649,939
 July 31, 1988         1,003,287,958
 June 30, 1988         1,011,256,708
 May 31, 1988         969,256,708
 April 30, 1988         975,244,208
 March 31, 1988         958,361,318
 February 29, 1988         985,082,060
 January 31, 1988         982,832,059

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

Italy: Financial Position in the Fund