Iceland: Financial Position in the Fund
as of December 31, 2012 |
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Summary of IMF members' quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.
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| I. Membership Status: Joined: December 27, 1945; | Article VIII |
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| V. Latest Financial Commitments: |
Arrangements:
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| Date of | Expiration | Amount Approved | Amount Drawn | | Type | Arrangement | Date | (SDR Million) | (SDR Million) | | Stand-By | Nov 19, 2008 | Aug 31, 2011 | 1,400.00 | 1,400.00 | | Stand-By | Mar 22, 1962 | Mar 21, 1963 | 1.63 | 0.00 | | Stand-By | Feb 16, 1961 | Dec 31, 1961 | 1.63 | 0.00 |
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| VI. Overdue Obligations and Projected Payments to Fund 1/ | | (SDR Million; based on existing use of resources and present holdings of SDRs): | | | Forthcoming | | | | 2013 | 2014 | 2015 | 2016 | 2017 | | Principal |
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| 341.25 | 170.63 |
| | Charges/Interest |
| 9.81 | 9.66 | 6.16 | 1.00 | 0.03 | | Total |
| 9.81 | 9.66 | 347.41 | 171.62 | 0.03 |
| | 1/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section. |
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| VII. Implementation of HIPC Initiative: Not Applicable |
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| VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable |
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| IX. Implementation of Post-Catastrophe Debt Relief (PCDR): Not Applicable |
As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust. |
| | Prepared by Finance Department |
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