International Monetary Fund
Philippines: Reserve Tranche Position
as of 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         87,104,466
  December 31, 1995         87,104,466
  December 31, 1994         87,104,466
  December 31, 1993         87,104,466
  December 31, 1992         87,076,169
  December 31, 1991         38,826,169
  December 31, 1990         38,826,169
  December 31, 1989         38,826,169
  December 31, 1988         38,826,170
  December 31, 1987         38,826,170
  December 31, 1986         38,826,170
  December 31, 1985         38,826,170
  December 31, 1984         38,826,170

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.
Philippines: Financial Position in the Fund