International Monetary Fund
Italy: Reserve Tranche Position
from January 01, 1993 to December 31, 1993

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, 1993         1,575,386,429
 November 30, 1993         1,620,175,202
 October 31, 1993         1,669,675,202
 September 30, 1993         1,669,670,734
 August 31, 1993         1,669,670,734
 July 31, 1993         1,707,529,068
 June 30, 1993         1,707,529,068
 May 31, 1993         1,723,401,985
 April 30, 1993         1,723,401,985
 March 31, 1993         1,723,401,985
 February 28, 1993         1,774,072,821
 January 31, 1993         1,774,072,821

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