International Monetary Fund
Germany: Reserve Tranche Position
from January 01, 2004 to December 31, 2004

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, 2004         4,419,301,766
 November 30, 2004         4,459,376,766
 October 31, 2004         4,521,739,104
 September 30, 2004         4,557,794,260
 August 31, 2004         4,789,652,608
 July 31, 2004         4,778,916,398
 June 30, 2004         4,799,695,194
 May 31, 2004         5,063,379,017
 April 30, 2004         5,158,154,974
 March 31, 2004         4,957,124,734
 February 29, 2004         5,164,305,876
 January 31, 2004         5,152,305,876

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

Germany: Financial Position in the Fund