IMF's Financial Resources and Liquidity Position,
2012 - September 2014
(In billions of SDRs unless otherwise indicated; end-of-period) | Explanatory Note Liquidity Home |
Sep. 2014 | ||||||||
2012 | 2013 | SDRs | US$ | |||||
I. |
Total resources |
518.5 | 543.8 | 538.4 | 798.2 | |||
Members' currencies |
268.0 | 272.0 | 273.8 | 405.9 | ||||
SDR holdings |
11.8 | 12.1 | 12.9 | 19.1 | ||||
Gold holdings |
3.2 | 3.2 | 3.2 | 4.7 | ||||
Other assets |
15.0 | 14.9 | 14.6 | 21.6 | ||||
Available under NAB activation 1/ |
205.6 | 241.6 | 233.9 | 346.8 | ||||
Other borrowing arrangements 2/ |
15.0 | - | - | - | ||||
II. |
Less: Non-usable resources |
145.5 | 139.3 | 134.9 | 200.0 | |||
Of which: Credit outstanding |
90.0 | 83.9 | 79.8 | 118.4 | ||||
III. |
Equals: Usable resources |
373.1 | 404.5 | 403.5 | 598.2 | |||
IV. |
Less: Undrawn balances under GRA arrangements |
112.7 | 104.7 | 105.0 | 155.6 | |||
V. |
Equals: Uncommitted usable resources |
260.3 | 299.7 | 298.6 | 442.6 | |||
VI. |
Plus: Repurchases one-year forward |
18.9 | 17.6 | 14.2 | 21.1 | |||
VII. |
Less: Repayments of borrowing due one-year forward |
3.9 | 8.0 | 7.2 | 10.7 | |||
VIII. |
Less: Prudential balance 3/ |
40.0 | 39.7 | 39.7 | 58.8 | |||
IX. |
Equals: Forward commitment capacity (FCC) |
235.4 | 269.7 | 265.9 | 394.3 | |||
Memorandum items: |
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Credit Lines under GAB/NAB |
370.0 | 370.0 | 370.0 | 548.6 | ||||
198.3 | 198.3 | 198.3 | 294.0 | |||||
Liquid liabilities |
103.2 | 97.5 | 92.8 | 137.6 | ||||
Encashable immediately 4/ |
103.2 | 97.5 | 92.8 | 137.6 | ||||
Encashable within 12 months 5/ |
- | - | - | - | ||||
Borrowing outstanding |
43.1 | 47.5 | 48.6 | 72.1 | ||||
NAB |
42.8 | 47.2 | 48.4 | 71.8 | ||||
Bilateral borrowings |
0.2 | 0.2 | 0.2 | 0.3 | ||||
Loan agreements |
0.2 | 0.2 | 0.2 | 0.3 | ||||
Notes purchase agreements |
- | - | - | - | ||||
US$ per SDR |
1.53692 | 1.54000 | 1.48258 | |||||
Note: Details may not add due to rounding. |
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1/ Reflects activation of the enlarged NAB for successive six-month periods since April 1, 2011. | ||||||||
2/ As of April 1, 2011, amounts available under Fund bilateral borrowing and note purchase agreements of NAB participants needed to cover financing of undrawn balances under pre-NAB approved Fund arrangements based on the current 1:1 bilateral borrowed to quota resources financing ratio and undrawn balances under bilateral agreements of non-NAB participants fully available to finance both pre- and post-NAB commitments. Effective April 1, 2013 the Board approved termination of any further drawings under these Fund bilateral borrowing and note purchase agreements, which were concluded in 2009/2010 prior to activation of the NAB. |
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3/ Prudential Balance reflects inclusion of Fund bilateral borrowings, except as noted (in attached definition) following activation of the NAB on April 1, 2011. |
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4/ Reserve tranche positions, immediately encashable bilateral borrowing, and NAB calls. |
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5/ Bilateral borrowing and Series B notes, which are encashable as soon as practicable within 12 months. |