Japan: Reserve Tranche Position
from January 01, 1995 to December 31, 1995

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, 1995         4,311,677,464
 November 30, 1995         3,952,205,578
 October 31, 1995         3,990,562,365
 September 30, 1995         3,870,545,701
 August 31, 1995         3,803,128,891
 July 31, 1995         3,651,898,423
 June 30, 1995         3,631,898,423
 May 31, 1995         3,431,875,833
 April 30, 1995         3,431,875,833
 March 31, 1995         3,231,339,167
 February 28, 1995         3,202,137,084
 January 31, 1995         2,999,014,869

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

Japan: Financial Position in the Fund