International Monetary Fund
South Africa: Reserve Tranche Position
from January 01, 1996 to December 31, 1996

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, 1996         95,165
 November 30, 1996         95,165
 October 31, 1996         87,394
 September 30, 1996         75,737
 August 31, 1996         75,737
 July 31, 1996         75,737
 June 30, 1996         75,737
 May 31, 1996         64,081
 April 30, 1996         64,081
 March 31, 1996         64,080
 February 29, 1996         64,080
 January 31, 1996         64,080

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

South Africa: Financial Position in the Fund