International Monetary Fund
Madagascar: Reserve Tranche Position
from January 01, 1991 to December 31, 1991

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, 1991         401
 November 30, 1991         401
 October 31, 1991         401
 September 30, 1991         401
 August 31, 1991         401
 July 31, 1991         401
 June 30, 1991         401
 May 31, 1991         0
 April 30, 1991         0
 March 31, 1991         0
 February 28, 1991         0
 January 31, 1991         0

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

Madagascar: Financial Position in the Fund