IMF's Financial Resources and Liquidity Position,
2012 - December 2014
(In billions of SDRs unless otherwise indicated; end-of-period) | Explanatory Note Liquidity Home |
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Dec. 2014 | |||||||
2012 | 2013 | SDRs | US$ | ||||
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I. |
Total resources |
518.5 | 543.8 | 505.8 | 732.8 | ||
Members' currencies |
268.0 | 272.0 | 269.1 | 389.9 | |||
SDR holdings |
11.8 | 12.1 | 13.2 | 19.2 | |||
Gold holdings |
3.2 | 3.2 | 3.2 | 4.6 | |||
Other assets |
15.0 | 14.9 | 14.7 | 21.3 | |||
Available under NAB activation 1/ |
205.6 | 241.6 | 205.5 | 297.7 | |||
Other borrowing arrangements 2/ |
15.0 | - | - | - | |||
II. |
Less: Non-usable resources |
145.5 | 139.3 | 124.2 | 180.0 | ||
Of which: Credit outstanding |
90.0 | 83.9 | 69.0 | 100.0 | |||
III. |
Equals: Usable resources |
373.1 | 404.5 | 381.5 | 552.8 | ||
IV. |
Less: Undrawn balances under GRA arrangements |
112.7 | 104.7 | 104.1 | 150.8 | ||
V. |
Equals: Uncommitted usable resources |
260.3 | 299.7 | 277.5 | 402.0 | ||
VI. |
Plus: Repurchases one-year forward |
18.9 | 17.6 | 12.2 | 17.6 | ||
VII. |
Less: Repayments of borrowing due one-year forward |
3.9 | 8.0 | 6.3 | 9.2 | ||
VIII. |
Less: Prudential balance 3/ |
40.0 | 39.7 | 39.7 | 57.5 | ||
IX. |
Equals: Forward commitment capacity (FCC) |
235.4 | 269.7 | 243.7 | 353.0 | ||
Memorandum items: |
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Credit Lines under GAB/NAB |
370.0 | 370.0 | 370.0 | 536.1 | |||
198.3 | 198.3 | 198.3 | 287.3 | ||||
Liquid liabilities |
103.2 | 97.5 | 81.4 | 117.9 | |||
Encashable immediately 4/ |
103.2 | 97.5 | 81.4 | 117.9 | |||
Encashable within 12 months 5/ |
- | - | - | - | |||
Borrowing outstanding |
43.1 | 47.5 | 43.3 | 62.8 | |||
NAB |
42.8 | 47.2 | 43.2 | 62.6 | |||
Bilateral borrowings |
0.2 | 0.2 | 0.1 | 0.2 | |||
Loan agreements |
0.2 | 0.2 | 0.1 | 0.2 | |||
Note purchase agreements |
- | - | - | - | |||
US$ per SDR |
1.53692 | 1.54000 | 1.44881 | ||||
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Note: Details may not add due to rounding. | |||||||
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 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. | |||||||
3/ Prudential Balance reflects inclusion of Fund bilateral borrowings, except as noted (in attached definition) following activation of the NAB on April 1, 2011. | |||||||
4/ Reserve tranche positions, immediately encashable bilateral borrowing, and NAB calls. | |||||||
5/ Bilateral borrowing and Series B notes, which are encashable as soon as practicable within 12 months. |