International Monetary Fund
Germany: Reserve Tranche Position
from January 01, 2005 to December 31, 2005

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, 2005         2,436,601,171
 November 30, 2005         2,814,379,504
 October 31, 2005         2,814,379,504
 September 30, 2005         2,823,413,601
 August 31, 2005         2,843,684,194
 July 31, 2005         2,843,600,771
 June 30, 2005         3,507,100,771
 May 31, 2005         3,950,180,330
 April 30, 2005         3,877,832,830
 March 31, 2005         3,940,505,099
 February 28, 2005         4,308,713,599
 January 31, 2005         4,360,643,099

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