reserve tranche


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Related to reserve tranche: SDR

Reserve Tranche

Twenty-five percent of an IMF member state's membership fees. Any IMF member has access to its reserve tranche without preconditions, and is not obligated to repay what it withdraws.

reserve tranche

see INTERNATIONAL MONETARY FUND.
References in periodicals archive ?
The Board recalculated the low reserve tranche and the reserve requirement exemption based on the growth in net transaction accounts and total reservable liabilities in the year ending June 30, 2012.
The annual indexing of the low reserve tranche and the reserve requirement exemption amount is based on growth in net transaction accounts and total reservable liabilities, respectively, at all depository institutions between June 30, 2004, and June 30, 2005.
For depository institutions that report weekly, the low reserve tranche and the reserve requirement exemption amount for 2006 will first apply to the fourteen-day reserve computation period that began Tuesday, November 22, 2005, and the corresponding fourteen-day reserve maintenance period that begins Thursday, December 22, 2005.
A reserve tranche purchase "means a purchase by a member of special drawing rights or the currency of another member in exchange for its own currency which does not cause the Fund's holdings of the member's currency in the General Resources Account to exceed its, quota.
A member may not use the Fund's general resources to meet a large or sustained outflow of capital except as provided in Section 2 of this Article [entitling members "to make reserve tranche purchases to meet capital transfers"], and the Fund may request a member to exercise controls to prevent such use of the general resources of the Fund.
These annual adjustments, known as the low reserve tranche adjustment and the reserve requirement exemption amount adjustment, are based on growth in net transaction accounts and total reservable liabilities, respectively, at all depository institutions between June 30, 2003, and June 30, 2004.
For institutions that report quarterly, the low reserve tranche adjustment and the reservable liabilities exemption adjustment will apply to the reserve computation period that begins Tuesday, December 16, 2003, and the corresponding seven-day reserve maintenance period that begins Thursday, January 15, 2004.
For depository institutions that report weekly, the low reserve tranche adjustment and the reservable liabilities exemption adjustment will apply to the 14-day reserve computation period that begins Tuesday, November 26, 2002, and the corresponding 14-day reserve maintenance period that begins Thursday, December 25, 2002.
For depository institutions that report weekly, the low reserve tranche adjustment and the reservable liabilities exemption adjustment will apply to the reserve computation period that begins November 26, 2002, and the corresponding reserve maintenance period that begins December 26, 2002.
For depository institutions that report weekly, the low reserve tranche adjustment and reservable liabilities exemption adjustment will apply to the reserve computation period that begins Tuesday, November 30, 1999, and the corresponding reserve maintenance period that begins Thursday, December 30, 1999.
Part 204, its Regulation D (Reserve Requirements of Depository Institutions), to reflect the annual indexing of the low reserve tranche and the reserve requirement exemption for 2000, and announces the annual indexing of the deposit reporting cutoff levels that will be effective beginning in September 2000.
This adjustment is known as the low reserve tranche adjustment.