Italy: Reserve Tranche Position
from January 01, 2009 to December 31, 2009

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, 2009         1,170,506,511
 November 30, 2009         1,170,506,511
 October 31, 2009         1,535,721,189
 September 30, 2009         1,535,721,189
 August 31, 2009         1,456,721,189
 July 31, 2009         1,456,721,189
 June 30, 2009         1,488,396,483
 May 31, 2009         1,328,396,483
 April 30, 2009         1,148,396,483
 March 31, 2009         1,148,396,483
 February 28, 2009         948,396,483
 January 31, 2009         970,896,483

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