Italy: Reserve Tranche Position
from January 01, 1991 to December 31, 1991

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, 1991         1,576,204,592
 November 30, 1991         1,521,717,091
 October 31, 1991         1,528,885,841
 September 30, 1991         1,579,441,329
 August 31, 1991         1,479,441,328
 July 31, 1991         1,417,041,329
 June 30, 1991         1,417,041,328
 May 31, 1991         1,450,849,662
 April 30, 1991         1,450,838,014
 March 31, 1991         1,452,443,639
 February 28, 1991         1,400,564,890
 January 31, 1991         1,370,348,223

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