Japan: Reserve Tranche Position
from January 01, 2005 to December 31, 2005

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, 2005         2,013,201,594
 November 30, 2005         2,953,151,594
 October 31, 2005         3,064,409,927
 September 30, 2005         3,064,409,927
 August 31, 2005         3,122,864,461
 July 31, 2005         3,122,864,461
 June 30, 2005         3,564,958,011
 May 31, 2005         3,878,958,011
 April 30, 2005         3,913,958,011
 March 31, 2005         3,913,958,011
 February 28, 2005         4,283,241,652
 January 31, 2005         4,361,379,152

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