Japan: Reserve Tranche Position
from January 01, 2007 to December 31, 2007

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, 2007         882,771,466
 November 30, 2007         882,771,466
 October 31, 2007         920,697,466
 September 30, 2007         941,877,466
 August 31, 2007         971,877,466
 July 31, 2007         1,026,255,476
 June 30, 2007         1,045,911,988
 May 31, 2007         1,045,911,988
 April 30, 2007         978,911,988
 March 31, 2007         1,000,845,988
 February 28, 2007         1,000,845,988
 January 31, 2007         1,165,851,988

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