Chapter

Appendix I

Author(s):
International Monetary Fund
Published Date:
September 1980
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The Fund in 1979/80

The tables in this appendix supplement the information given in Chapter 3 on the activities of the Fund during the financial year ended April 30, 1980. In some tables in this appendix, however, data covering longer periods are included, viz., Table I.1 on exchange rates and exchange arrangements, Table I.11 setting out the charges on the use of the Fund’s resources, Table I.12 on the distribution of profits from gold sales, and Table Table I.13 on Trust Fund loan disbursements.

Table I.1.Exchange Rates and Exchange Arrangements, June 30,1980(Currency units per unit listed)
Exchange Rate Maintained Against
MemberCurrencyU.S.

dollar1
Pound

sterling1
French

franc1
Other

single

currency1
Special

drawing

center1
Currency composite

other than

SDR2
Other currencies

in a cooperative

arrangement2,3
Exchange

Rates

Otherwise

Determined2,4
AfghanistanAfghani44.50
Algeria5dinar3.7775
Argentinapeso1,854.50
Australiadollar0.863856
Austriaschilling12.493
Bahamas5dollar1.00
Bahraindinar0.377
Bangladesh5taka14.6959
Barbadosdollar2.00
Belgium5franc28.12
Beninfranc50.00
Boliviapeso24.51
Botswanapula0.762887
Brazil5cruzeiro—.52.1156
Burmakyat8.508476.42449
Burundifranc90.00
Cameroonfranc50.00
Canadadollar1.151
Cape Verdeescudo39.5257
Central African Republicfranc50.00
Chadfranc50.00
Chilepeso39.00
Colombia5peso—,:47.326
Comorosfranc50.00
Congofranc50.00
Costa Ricacolon8.57
Cypruspound0.346681
Denmarkkrone5.455
Djiboutifranc178.16
DominicaEast Caribbean
dollar2.70
Dominican Republic5peso1.00
Ecuador5sucre25.00
Egypt5pound0.70
El Salvadorcolon2.50
Equatorial Guinea5ekuele2.007
Ethiopia5birr2.07;
Fijidollar0.806452
Finlandmarkka3.63
Francefranc4.087
Gabonfranc50.00
Gambia, Thedalasi4.00
Germany, Federal

Republic of
deutsche mark1.7582
Ghana5cedi2.75
Greece5drachma43.21
Grenada5East Caribbean

dollar
2.70
Guatemalaquetzal1.00
Guineasyli24.685318.6391
Guinea-Bissaupeso44.0033.2231
Guyanadollar2.55
Haitigourde5.00
Honduraslempira2.00
Iceland5króna476.55
Indiarupee7.76884
Indonesiarupiah625.25
Iran5rial92.369.693
Iraqdinar0.295314
Irelandpound0.469814
Israelshekel49.68
Italy5lira838.70
Ivory Coastfranc50.00
Jamaicadollar1.78142
Japanyen217.60
Jordandinar0.3870.292212
Kampuchea, Democratic8
Kenya5shilling9.667.29398
Koreawon603.00
Kuwaitdinar0.26701
Lao People’s Democratic

Republic5
new kip10.00
Lebanonpound3.408
Lesotho5maloti1.009
Liberiadollar1.00
Libyan Arab Jamahiriyadinar0.29605
Luxembourg5franc28.12
Madagascarfranc50.00
Malawikwacha1.054070.795897
Malaysiaringgit2.1438
Maldives5rupee7.55
Malifranc100.00
Maltapound0.339547
Mauritaniaouguiya45.87
Mauritius5rupee10.007.5507
Mexicopeso22.9303
Morocco5dirham3.7985
Nepal5rupee12.00
Netherlandsguilder1.9275
New Zealanddollar1.01122
Nicaragua5cordoba10.00
Nigerfranc50.00
Nigerianaira0.569217
Norwaykrone4.8415
Omanrial Omani0.3454
Pakistan5rupee9.90
Panamabalboa1.00
Papua New Guineakina0.658848
Paraguay5guarani126.00
Peru5sol284.97
Philippinespeso7.528
Portugalescudo48.9046
Qatarrival3.64
Romania5leu12.00
Rwandafranc92.84
St. LuciaEast Caribbean dollar2.70
St. VincentEast Caribbeandollar2.70
Sao Tome and Principedobra45.2534.1669
Saudi Arabiarival3.325
Senegalfranc50.00
Seychellesrupee8.31976.28196
Sierra Leoneleone1.366931.00948
Singaporedollar2.117
Solomon Islandsdollar0.813424
Somalia5shilling6.2950
South Africa5rand0.769231
Spainpeseta70.064
Sri Lankarupee16.09
Sudan5pound0.50
Surinameguilder1.785
Swaziland6lilangeni1.009
Swedenkrona4.1503
Syrian Arab Republic5pound3.925
Tanzaniashilling8.18983
Thailandbaht20.405
Togofranc50.00
Trinidad and Tobagodollar2.40
Tunisiadinar0.39838
Turkey5lira78.78
Ugandashilling9.667.29398
United Arab Emiratesdirham3.701
United Kingdompound ‘0.42337
United Statesdollar1.00
Upper Voltafranc50.00
Uruguaynew peso9.003
Venezuela6bolívar
Viet Nam5dong2.663582.01119
Western Samoatala0.9042
Yemen Arab Republicrial4.5625
Yemen, People’s Democratic Republic ofdinar0.345395
Yugoslaviadinar27.4
Zaïre8Zaïre3.809522.87646
Zambiakwacha1.024260.773391

Rates as notified to the Fund and in terms of currency units per unit listed.

Market rates in currency units per U.S. dollar.

Belgium, Denmark, France, the Federal Republic of Germany, Ireland, Italy, Luxembourg, and the Netherlands are participating in the European Monetary System and maintain maximum margins of 2.25 per cent (in the case of the Italian lira, 6 per cent) for exchange rates in transactions in the official markets between theircurrencies and those of the other countries in this group. No announced margins areobserved for other countries.

Under this heading are listed those members that describe their exchange, ratearrangements variously as floating independently, adjusting according to a set of indi-cators (see footnote 6), and certain other members whose exchange arrangements arenot otherwise described in this table. In addition, U.S. dollar quotations are given forthe currencies that are pegged to the SDR. In this table, the data exclude the currencyof the People’s Republic of China. No notification of exchange arrangements has yetbeen received from the Chinese authorities.

Member maintains multiple currency practices and/or dual exchange market. A description of the member’s exchange system as of December 31, 1979 is given in the Annual Report on Exchange Arrangements and Exchange Restrictions, 1980

Exchange rates adjusted according to a set of indicators.

Per Spanish peseta

Information not available

Per South African rand.

Rates as notified to the Fund and in terms of currency units per unit listed.

Market rates in currency units per U.S. dollar.

Belgium, Denmark, France, the Federal Republic of Germany, Ireland, Italy, Luxembourg, and the Netherlands are participating in the European Monetary System and maintain maximum margins of 2.25 per cent (in the case of the Italian lira, 6 per cent) for exchange rates in transactions in the official markets between theircurrencies and those of the other countries in this group. No announced margins areobserved for other countries.

Under this heading are listed those members that describe their exchange, ratearrangements variously as floating independently, adjusting according to a set of indi-cators (see footnote 6), and certain other members whose exchange arrangements arenot otherwise described in this table. In addition, U.S. dollar quotations are given forthe currencies that are pegged to the SDR. In this table, the data exclude the currencyof the People’s Republic of China. No notification of exchange arrangements has yetbeen received from the Chinese authorities.

Member maintains multiple currency practices and/or dual exchange market. A description of the member’s exchange system as of December 31, 1979 is given in the Annual Report on Exchange Arrangements and Exchange Restrictions, 1980

Exchange rates adjusted according to a set of indicators.

Per Spanish peseta

Information not available

Per South African rand.

Table I.2.Fund Stand-By Arrangements for Members, Financial Year Ended April 30,1980(In millions of SDRs)
Total Number
of Stand-BysAmountAmount NotAmountAmount Not
ApprovedDate ofDate ofApprovedPurchased atApprovedPurchased
Memberfor MemberInceptionExpiration1978/79Expiration1979/80April 30, 1980
Bangladesh3July 30, 1979July 29, 198085.0028.00
Bolivia12Feb. 1, 1980Jan. 31, 198166.38140.00
Burma5July 28, 1978July 27, 197930.00
Central African Republic1Feb. 15, 1980Feb. 14, 19814.00
Congo2Apr. 25, 1979Apr. 24, 19804.002.00
Costa Rica7Mar. 12, 1980Mar. 11, 198260.50145.12
Gabon1May 31, 1978May 30, 197915.007.501.60
Gambia, The2Nov. 2, 1979Nov. 1, 1980
Ghana5Jan. 10, 1979Jan, 9, 19S021.00
Grenada3Nov. 6, 1979Dec. 31, 19800.65
Guyana11Aug. 15, 1978Aug. 14, 197926.256.25
Kenya2Nov. 13, 1978Nov. 12, 1979317.25
Aug. 20, 1979Aug. 19, 1981122.481122.48
Korea13Mar. 3, 1980Mar. 2, 1982640.001560.00
Liberia13Mar. 21, 1979Mar. 20, 19809.25
Malawi1Oct. 31, 1979Dec. 31, 198126.34120.90
Mauritius2Oct. 31, 1979Oct. 30, 198173.03153.03
Nicaragua11May 14, 1979Dec. 31, 1980425.5034.00
Panama13June 9, 1978June 8, 1979525.0025.00
Mar. 23, 1979Mar. 22, 198030.0030.00
Apr. 18, 1980Dec. 31, 198166.38166.38
Peru19Nov. 18, 1977Dec. 31, 19796(90.00)780.00
Sept. 15, 1978Dec. 31, 19808184.00120.00
PhilippinesAug. 10, 1979Dec. 31, 1980285.001111.00
15June 11, 1979Dec. 31, 197913.75105.00
Feb. 27, 1980Dec. 31, 1981410.001390.00
Portugal1June 5, 1978June 4, 197957.35‘ 57.35
Rwanda5Oct. 31, 1979Oct. 30, 19805.005.00
Senegal1Mar. 30, 1979Mar. 29, 198010.50
Sierra Leone5Nov. 2, 1979Nov. 1, 198017.005.00
Somalia8Feb. 27, 1980Feb. 26, 198111.505.50
Thailand1July 1, 1978June 30, 197945.25
Togo1June 11, 1979Dec. 31, 198015.0015.00
Turkey12Apr. 24, 1978Apr. 23, 19809(300.00)7210.00
July 19, 1979July 18, 1980250.00120.00
Uganda2Jan. 4, 1980Dec. 31, 198012.50
Uruguay10Mar. 16, 1979Mar. 15, 198021.0021.00
Western Samoa4Aug. 17, 1979Aug. 16, 19800.750.75
Yugoslavia6May 23, 1979May 22, 198069.25
Zaïre4Aug. 27, 1979Feb. 26, 1981118.0098.00
Zambia3Apr. 26, 1978Apr. 25, 1980(250.00)7____________
Total507.85619.352,479.361,586.15

Amounts available under the supplementary financing facility are as follows: Bolivia, SDR 32.63 million; Costa Rica, SDR 29.70 million; Kenya, SDR 70.73 million; Korea, SDR 480.00 million; Malawi, SDR 13.78 million; Mauritius, SDR 54.00 million; Panama, SDR 32.63 million; Peru, SDR 232.09 million; the Philippines, SDR 333.00 million; and Turkey, SDR 169.55 million.

Canceled as of June 24, 1979.

Canceled as of August 19, 1979.

Canceled as of August 20, 1979.

Canceled as of March 22, 1979.

Canceled as of September 14, 1978.

Amounts approved in 1977/78; not included in total.

Canceled as of August 9, 1979.

Canceled as of July 18, 1979.

Amounts available under the supplementary financing facility are as follows: Bolivia, SDR 32.63 million; Costa Rica, SDR 29.70 million; Kenya, SDR 70.73 million; Korea, SDR 480.00 million; Malawi, SDR 13.78 million; Mauritius, SDR 54.00 million; Panama, SDR 32.63 million; Peru, SDR 232.09 million; the Philippines, SDR 333.00 million; and Turkey, SDR 169.55 million.

Canceled as of June 24, 1979.

Canceled as of August 19, 1979.

Canceled as of August 20, 1979.

Canceled as of March 22, 1979.

Canceled as of September 14, 1978.

Amounts approved in 1977/78; not included in total.

Canceled as of August 9, 1979.

Canceled as of July 18, 1979.

Table I.3.Summary of Members’ Purchases and Re-purchases, Financial Years Ended April 30, 1948-80(In millions of SDRs)
Total PurchasesTotal Repurchases
Yearby Membersby Members
1948606.04
1949119.44
195051.8024.21
195128.0019.09
195246.2536.58
195366.12184.96
1954231.29145.11
195548.75276.28
195638.75271.66
19571,114.0575.04
1958665.7386.81
1959263.52537.32
1960165.53522.41
1961577.00658.60
19622,243.201,260.00
1963579.97807.25
1964625.90380.41
19651,897.44516.97
19662,817.29406.00
19671,061.28340.12
19681,348.251,115.51
19692,838.851,542.33
19702,995.651,670.69
19711,167.411,656.86
19722,028.493,122.33
19731,175.43540.30
19741,057.72672.49
19755,102.45518.08
19766,591.42960.10
19774,910.33868.19
19782,503.014,485.01
19793,719.584,859.18
19802,433.263,775.83
Total51,119.20132,335.712

Includes purchases that are not subject to repurchase.

Excludes sales of currency and adjustments that have the effect of repurchase

Includes purchases that are not subject to repurchase.

Excludes sales of currency and adjustments that have the effect of repurchase

Table I.4.Summary of Stand-By Arrangements That Became Effective During the Financial Years Ended April 30, 1953—801(In millions of SDRs)
YearNumberAmount
1953255.00
1954262.50
1955240.00
1956247.50
195791,162.28
1958111,043.78
1959151,056.63
196014363.88
196115459.88
1962241,633.13
1963191,531.10
1964192,159.85
1965242,159.05
196624575.35
196725591.15
1968322,352.36
196926541.15
1970232,381.28
197118501.70
197213313.75
197313321.85
1974151,394.00
197514389.75
1976181,188.02
1977194,679.64
1978181,285.09
197914507.85
1980242,479.36
Total45431,276.82

Includes renewals and extensions for one year or less, except the renewals each six months of the stand-by arrangement for Belgium granted in June 1952 until that member purchased the full amount of the equivalent of SDR 50 million in April 1957

Includes renewals and extensions for one year or less, except the renewals each six months of the stand-by arrangement for Belgium granted in June 1952 until that member purchased the full amount of the equivalent of SDR 50 million in April 1957

Table I.5.Purchases of Currencies and Special Drawing Rights from the Fund, Financial Year Ended April 30, 1980(In millions of SDRs)
Within Credit TranchesUnder Decision onPurchases Financed with
Under stand-by arrangementsExtended Fund facilityOrdinary resources
SupplementarySupplementarySupplementary
WithinCom-TotalSpecial
MemberReserveOrdinaryfinancingOrdinaryfinancingpensatoryBufferPur-Curren-drawingfinancing
PurchasingTrancheresourcesfacilityOther 1resourcesfacilityfinancingstockchasesciescentersfacility
Australia23.7623.7623.76
Bangladesh57.0057.006.0051.00
Benin1.941.941.94
Bolivia8.6915.5710.8135.0715.578.6910.81
Burma7.507.507.50
Burundi9.509.509.50
Central African Republic1.854.005.855.85
Congo2.002.002.00
Costa Rica7.5410.255.1320.5043.4230.757.545.13
Dominica0.360.950.952.260.361.90
Dominican Republic23.2527.5050.7527.5023.25
El Salvador8.238.238.23
Ethiopia36.0036.003.0033.00
Gabon7.507.507.50
Gambia, The1.601.601.60
Grenada0.650.650.65
Guinea2.972.972.97
Guyana1.388.636.250.7316.982.256.108.63
Honduras5.8816.0021.8821.88
Israel31.5531.5531.55
Ivory Coast12.2212.2212.22
Jamaica7.1577.8531.751.07117.8217.1522.8277.85
Kenya69.0069.0069.00
Korea18.8049.0930.9198.8032.8935.0030.91
Liberia20.5020.508.0012.50
Malawi3.072.3819.0024.444.5717.502.38
Mali5.105.105.10
Mauritania10.5010.5010.50
Mauritius6.8913.1120.006.8913.11
New Zealand49.0649.0624.0025.06
Nicaragua8.5034.000.5843.0843.08
Pakistan21.2221.2211.2210.00
Panama6.006.006.00
Peru51.55142.45194.0016.1535.40142.45
Philippines91.2520.00137.50248.7559.75169.0020.00
Senegal4.2510.5014.754.5010.25
Sierra Leone12.0012.004.107.90
Somalia6.006.006.00
Sri Lanka40.0040.0027.0013.00
Sudan17.1532.5032.5036.00118.1517.0068.6632.50
Tanzania13.7520.2534.0034.00
Turkey71.36158.6471.63301.6377.3665.63158.64
Uganda5.5812.5030.0048.0832.1015.98
Yugoslavia60.5069.25277.00406.7568.50338.25
Zaïre20.0020.0012.008.00
Zambia125.00125.0040.5084.50
Total222.46643.04383.4279.2997.03118.98862.9326.142,433.26648.231,282.63502.39

In accordance with Executive Board Decision No. 102-(52/ll), adopted February 13, 1952, (See Selected Decisions of the International Monetary Fund and SelectedDocuments, Eighth Issue (Washington, 1976), pages 37-40.)

In accordance with Executive Board Decision No. 102-(52/ll), adopted February 13, 1952, (See Selected Decisions of the International Monetary Fund and SelectedDocuments, Eighth Issue (Washington, 1976), pages 37-40.)

Table I.6.Repurchases of Currencies from the Fund, Financial Year Ended April 30,1980(In millions of SDRs)
Of Which
Repurchases in Respect ofRepurchases in
PurchasesPurchasesaccordance with
Memberunderin theAdvanceguidelines for
Repurchasingoil facilitytranchesOtherTotalrepurchasesearly repurchases
Australia61.761.7
Bangladesh22.147.013.082.1
Barbados3.53.5
Burma16.816.8
Cameroon3.81.78.814.3
Central African Republic1.50.10.92.5
Chad0.61.62.2
Chile29.679.0108.6
China130.094.1124.1
Congo2.01.03.0
Costa Rica2.82.8
Cyprus3.94.78.6
Dominican Republic32.932.9
Egypt7.216.034.057.2
Finland62.262.262.2
Gambia, The1.721.8
Ghana9.79.7
Greece38.215.053.2
Grenada0.10.60.7
Guinea0.91.82.6
Guyana5.65.6
Haiti2.22.2
Iceland9.84.64.619.0
India78.778.778.7
Israel35.820.125.080.9
Italy642.7642.741.0559.5
Ivory Coast2.32.3
Jamaica7.37.014.3
Kenya6.824.030.8
Korea6.99.040.055.9
Lao People’s Dem. Rep.2.42.4
Liberia1.21.2
Madagascar0.81.62.4
Malawi0.90.9
Mali2.22.24.5
Mauritania1.41.4
Mexico71.9123.7195.6
Morocco3.421.00.825.2
Nepal0.50.5
New Zealand59.713.050.5123.2
Nicaragua2.02.0
Pakistan59.026.085.0
Panama6.23.03.612.7
Papua New Guinea2.55.17.6
Peru13.237.231.782.1
Philippines34.640.074.6
Portugal26.126.052.1
Romania20.060.080.0
Rwanda1.51.5
Senegal6.42.40.99.7
Seychelles0.10.1
Sierra Leone2.51.74.08.2
Solomon Islands1.11.1
South Africa69.0160.0229.0
Spain198.5198.5198.5
Sri Lanka19.44.19.032.4
Sudan11.83.518.533.7
Tanzania13.013.0
Togo1.51.5
Turkey59.626.586.1
Uganda4.010.014.0
United Kingdom250.0400.0650.0400.0
Viet Nam2.52.5
Western Samoa0.10.1
Yemen, People’s Dem. Rep. of5.56.82.414.7
Yugoslavia50.250.2
Zaïre17.330.213.961.4
Zambia6.87.617.632.0
Total1,746.5891.71,137.63,775.8441.0898.9

Transactions were effected before April 17, 1980, when the Fund decided that the Government of the People’s Republic of China represents China in the Fund.

Less than SDR 50,000.

Transactions were effected before April 17, 1980, when the Fund decided that the Government of the People’s Republic of China represents China in the Fund.

Less than SDR 50,000.

Table I.7.Extended Fund Facility Arrangements for Members, July 7, 1975–April 30, 1980(In millions of SDRs)
Amount Not
TotalAmount NotPurchased as of April 30, 1980
Date ofDate ofAmount ofPurchased atSubject toOf total
MemberInceptionExpirationArrangementExpirationphasingamount approved
Approved in Previous

Financial Years
Egypt7/28/787/27/81600.00350.00525.00
Haiti10/25/7810/24/8132.2021.4032.20
Jamaica6/9/786/8/81 1200.00130.00 1
Kenya7/7/757/6/7867.2059.50
Philippines4/2/764/1/79217.00
Mexico1/1/7712/31/79518.00518.00 2
Sri Lanka1/1/7912/31/82260.3090.00180.30
Subtotal1,894.70707.50461.40737.50
Approved During

Financial Year 1979/80
Guyana6/25/796/24/8262.75 315.0052.75
Honduras6/28/796/27/8147.6031.60
Jamaica6/11/796/10/81260.00 445.00175.00
Sudan5/4/795/3/82200.005135.00
Subtotal570.3560.00394.35
Total2,465.05707.50521.401,131.85

Canceled as of June 10, 1979.

Includes augmentation by repurchases equivalent to SDR 100 million.

Of which, SDR 35 million is available under the supplementary financing facility.

Of which, SDR 227.1 million is available under the supplementary financing facility.

Of which, SDR 100.00 million is available under the supplementary financing facility.

Canceled as of June 10, 1979.

Includes augmentation by repurchases equivalent to SDR 100 million.

Of which, SDR 35 million is available under the supplementary financing facility.

Of which, SDR 227.1 million is available under the supplementary financing facility.

Of which, SDR 100.00 million is available under the supplementary financing facility.

Table I.8.Status of General Arrangements to Borrow (GAB)1 on April 30,1980(In millions of SDR equivalents)
Maximum AmountsFund
Participantsof Credit ArrangementsIndebtedness
Belgium199.3
Canada140.6
Deutsche Bundesbank1,714.9582.9
France498.9
Italy313.3
Japan1,098.7194.3
Netherlands281.1
Sveriges Riksbank94.7
United Kingdom625.1
United States1,544.7
Total6,511.3777.3

See the Balance Sheet of the General Department—GeneralResources Account as at April 30, 1980, Note 5, reproduced in Appendix VIII.

See the Balance Sheet of the General Department—GeneralResources Account as at April 30, 1980, Note 5, reproduced in Appendix VIII.

Table I.9.Borrowing in Connection with Purchases Under the Oil Facility and Repayments to Lenders, September 4, 1974–April 30, 1980(In millions of SDRs)
Amount Repaid
AmountAmount Repaid upMay 1, 1979-Balance Outstanding
LenderBorrowedto April 30, 1979April 30, 1980on April 30, 1980
Abu Dhabi100.0046.6818.7734.57
Austrian National Bank100.0028.548.4563.01
National Bank of Belgium200.0018.7049.56131.74
Canada246.93151.5988.696.64
Deutsche Bundesbank600.00223.16103.23273.60
Central Bank of Iran990.00465.93298.20225.87
Central Bank of Kuwait685.00203.79202.73278.49
Netherlands350.00151.9885.44112.59
Nigeria300.0050.4575.05174.50
Bank of Norway100.0025.2913.0761.64
Central Bank of Oman20.5010.243.007.26
Saudi Arabian Monetary Agency2,250.00878.40615.54756.06
Sveriges Riksbank50.000.859.8339.31
Swiss National Bank100.009.7823.2167.01
Switzerland150.0030.5732.4087.03
Central Bank of Trinidad and Tobago10.000.202.717.09
Central Bank of Venezuela650.00349,60152.99147.42
Total6,902.432,645.751,782.862,473.82
Table I.10.Borrowing in Connection with Purchases Under the Supplementary Financing Facility, May 29,1979-April 30,1980(In millions of SDRs)
Balance
Total AmountAmountAvailable
Lenderof AgreementBorrowedon April 30, 1980
Abu Dhabi150.0012.41137.59
Austrian National Bank50.0050.00
National Bank of Belgium150.0012.34137.66
Canada200.0012.68187.32
Deutsche Bundesbank1,050.0089.35960.65
Central Bank of Guatemala30.00_30.00
Japan900.0079.63820.38
Central Bank of Kuwait400.0023.13376.88
Netherlands Bank100.005.8194.19
Central Bank of Nigeria220.0013.28206.72
Saudi Arabian Monetary Agency1,934.00163.771,770.23
Swiss National Bank650.0045.00605.00
United States1,450.001,450.00
Central Bank of Venezuela500.0045.00455.00
Total7,784.00502.3917,281.61

Out of total of SDR 1,810.21 million committed under stand-by (SDR 1,448.11 million) and extended (SDR 362.10 million) arrangements in effect on April 30, 1980.

Out of total of SDR 1,810.21 million committed under stand-by (SDR 1,448.11 million) and extended (SDR 362.10 million) arrangements in effect on April 30, 1980.

Table I.11.Schedules of Fund Charges
Charges on Transactions Effected from July 1, 1974 Charges in per cent per annum 1 payable on holdings in excess of quota and holdings representing transactions effected under compensatory financing and buffer stock financing, for period stated:
Service charge0.5
Up to 1 year4.375
1 to 2 years4.875
2 to 3 years5.375
3 to 4 years5.875
4 to 5 years6.375

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Charges on Transactions Effected under the Extended Fund FacilityCharges in per cent per annum 1 payable on holdings in excess of quota, for period stated:
Service charge0.5
Up to 1 year4.375
1 to 2 years4.875
2 to 3 years5.375
3 to 4 years5.875
4 to 5 years6.375
5 to 10 years6.875

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Charges on Transactions Effected Under the Oil Facility for 1974 Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Up to 1 year6.875
1 to 2 years6.875
2 to 3 years6.875
3 to 4 years7.000
4 to 5 years7.125
5 to 6 years7.125
6 to 7 years7.125

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Charges on Transactions Effected Under the Oil Facility for 1975 Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Up to 1 year7.625
1 to 2 years7.625
2 to 3 years7.625
3 to 4 years7.750
4 to 5 years7.875
5 to 6 years7.875
6 to 7 years7.875

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Charges on Transactions Effected from May 1, 1963 and up to June 30, 1974 Charges in per cent per annum 1 for period stated and for portion of holdings in excess of quota by (per cent)
More than050100
But not more than50100
Service charge0.50.50.5
0 to 3 months0.00.00.0
3 to 6 months2.02.02.0
½ to 1 year2.02.02.5
1 to 1½ years2.02.53.0
1½ to 2 years2.53.03.5
2 to 2½ years3.03.54.0
2½ to 3 years3.54.04.5
3 to 3½ years4.04.55.0
3½ to 4 years4.55.0
4 to 4½ years5.0

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Charges on Transactions Financed with Fund Borrowing Under the Supplementary Financing Facility Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Up to 3½ yearsRate of interest paid by the Fund plus 0.20 per cent
3½ to 7 yearsRate of interest paidby the Fund plus 0.325 per cent

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Charges on Transactions Effectd in Excess of 200 per cent of members’ Quotas Under Stand-by Arrangements or in Excess of 140 per cent of Quotas Under the Extended Fund Facility Charges in per cent per annum 1 payable on holdings for period stated:
Service charge0.5
Each six monthsAverage yield to constant five-year maturity of U.S. Government securities, rounded to next 0.25 percent, plus 0.25 per cent

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Except for service charge, which is payable once per transaction and is staed as a per cent of the amount of the transaction

Table I.12.Direct Distribution of Profits from Gold Sales, July 1, 1976-July 31,1980(In U.S. dollars)
July 1, 1976-
MemberApril 30, 1980July 31, 1980Total
Afghanistan3,469,4052,423,9505,893,355
Algeria12,156,5758,493,37120,649,946
Argentina41,141,12928,743,85769,884,986
Bahamas1,857,6341,297,8633,155,497
Bahrain928,817648,9321,577,749
Bangladesh11,692,1678,168,90519,861,072
Barbados1,229,317858,8802,088,197
Benin1,229,317858,8802,088,197
Bolivia3,469,4052,423,9505,893,355
Botswana464,409324,465788,874
Brazil41,141,12928,743,85769,884,986
Burma5,600,2203,912,6769,512,896
Burundi1,775,6801,240,6043,016,284
Cameroon3,278,1782,290,3475,568,525
Central African Republic1,229,317858,8802,088,197
Chad1,229,317858,8802,088,197
Chile14,779,11810,325,64825,104,766
Colombia14,669,84510,249,30324^919448
Congo1,229,317858,8802,088,197
Costa Rica3,004,9962,099,4855,104,481
Cyprus2,431,3151,698,6744,129,989
Dominican Republic4,015,7682,805,6756,821,443
Ecuador3,086,9512,156,7435,243,694
Egypt17,592,88712,291,52929,884,416
El Salvador3,278,1782,290,3475,568,525
Equatorial Guinea737,590515,3281,252,918
Ethiopia2,513,2701,755,9324,269,202
Fiji1,229,317858,8802,088,197
Gabon1,393,226973,3972 366 623
Gambia, The655,636458,0691,113,705
Ghana8,140,8085,687,69513,828,503
Grenada191,227133,604324,831
Guatemala3,360,1322,347,6065,707/738
Guinea2,240,0881,565,0713,805,159
Guyana1,857,6341,297,8633,155,497
Haiti1,775,6801,240,6043,016,284
Honduras2,349,3611,641,4153,990,776
India87,909,79761,419,475149,329,272
Indonesia24,313,15116,986,74141,299,892
Iran17,948,02312,539,65030,487,673
Iraq. 10,189,6697,119,16217,308,831
Ivory Coast4,862,6303,397,3488,259,978
Jamaica4,944,5853,454,6078,399,192
Jordan2,158,1341,507,8113,665 945
Kampuchea, Democratic. 2,349,3611,641,4153,990,776
Kenya4,480,1763,130,1417,610,317
Korea7,485,1725,229,62612,714,798
Kuwait6,091,9474,256,22810,348,175
Lao People’s Democratic Republic1,229,317858,8802,088,197
Lebanon846,863591,6731,438,536
Lesotho464,409324,465788 874
Liberia2,704,4971,889^5364,594,033
Libyan Arab Jamahiriya2,240,0881,565,0713 805 159
Madagascar2,431,3151,698,6744,129,989
Malawi1,393,226973,3972,366,623
Malaysia17,401,66012,157,92629,559,586
Mali2,048,8611,431,4673 480 328
Malta1,502,4981,049,7432,552,241
Mauritania1,229,317858,8802,088,197
Mauritius2,048,8611,431,4673,480,’328
Mexico34,612,09224,182,24958,794,341
Morocco10,572,1237,386,36917,958,492
Nepal1,147,362801,6221,948,984
Nicaragua2,513,2701,755,9324,269,202
Niger1,229,317858,8802,088,197
Nigeria12,620,9848,817,83621,438,820
Oman655,636458,0691,113,705
Pakistan21,963,79015,345,32637,309,116
Panama3,360,1322,347,6065,707,738
Papua New Guinea1,857,6341,297,8633,155,497
Paraguay1,775,6801,240,6043,016,284
Peru11,500,9408,035,30119,536,241
Philippines14,505,93610,134,78624,640,722
Portugal10,954,5777,653,57718,608,154
Qatar1,857,6341,297,8633,155,497
Romania17,756,79612,406,04630,162,842
Rwanda1,775,6801,240,6043,016,284
Saudi Arabia12,539,0308,760,57721,299,607
Senegal3,168,9052,214,0025,382,907
Sierra Leone2,349,3611,641,4153,990,776
Singapore3,469,4052,423,9505,893,355
Somalia1,775,6801,240,6043,016,284
Sri Lanka9,151,5796,393,88615,545,465
Sudan6,720,2644,695,21211,415,476
Swaziland737,590515,3281,252,918
Syrian Arab Republic4,671,4033,263,7457,935,148
Tanzania3,933,8132,748,4176,682,230
Thailand12,539,0308,760,57721,299,607
Togo1,393,226973,3972,366,623
Trinidad and Tobago5,900,7204,122,62510,023,345
Tunisia4,480,1763,130,1417,610,317
Turkey14,123,4829,867,57923,991,061
Uganda3,742,5862,614,8136,357,399
United Arab Emirates1,393,226973,3972,366,623
Upper Volta1,229,317858,8802,088,197
Uruguay6,447,0834,504,34910,951,432
Venezuela30,869,50621,567,43552,436,941
Viet Nam5,791,4474,046,2809,837,727
Western Samoa191,227133,604324,831
Yeman Arab Republic928,817648,9321,577,749
Yemen, People’s Dem. Rep. of2,704,4971,889,5364,594,033
Yugoslavia19,368,56613,532,13432,900,700
Zaïre10,572,1237,386,36917,958,492
Zambia7,102,7184,962,419 ;12,065,137
Total758,652,277530,043,5641,288,695,841
Table I.13.Trust Fund Loan Disbursements, July 1, 1976-July 31, 1980(In millions of SDRs)
FirstSecond
MemberPeriod 1Period 2Total
Bangladesh51.80969.875121.684
Benin5.3887.26712.655
Bolivia15.33620.68336.019
Burma24.86833.54058.408
Burundi7.87510.62118.496
Cameroon14.50719.56534.072
Central African Republic5.3887.26712.655
Chad5.3885.388
Congo5.3887.26712.655
Egypt77.921105.092183.013
El Salvador19.56519.565
Equatorial Guinea4.4724.472
Ethiopia11.19115.09326.284
Gambia, The2.9013.9136.814
Ghana48.63348.633
Grenada0.8291.1181.947
Guinea9.94713.41623.363
Haiti7.87510.62118.496
Honduras13.97513.975
Ivory Coast21.55329.06850.621
Kenya19.89526.83246.727
Lao People’s Democratic Republic5.3887.26712.655
Lesotho2.0722.7954.867
Liberia12.02016.21128.231
Madagascar10.77614.53425.310
Malawi6.2178.38514.602
Mali9.11812.29821.416
Mauritania5.3887.26712.655
Mauritius9.1189.118
Morocco46.83663.167110.003
Nepal5.8037.82613.629
Niger5.3887.26712.655
Pakistan97.401131.365228.766
Papua New Guinea8.28911.18019.469
Philippines64.24486.645150.889
Rwanda10.62110.621
Senegal14.09219.00633.098
Sierra Leone10.36213.97524.337
Somalia.—10.62110.621
Sri Lanka40.61854.78295.400
Sudan29.84240.24870.090
Swaziland4.4724.472
Tanzania17.40823.47840.886
Thailand55.54074.906130.446
Togo6.2178.38514.602
Uganda22.36022.360
Upper Volta5.3887.26712.655
Viet Nam25.69725.697
Western Samoa0.8291.1181.947
Yemen, People’s Democratic Republic of12.02016.21128.231
Zaïre46.83663.167110.003
Zambia42.48442.484
Total840.9681,257.1912,098.159

Ended June 30, 1978.

Ending December 31, 1980.

Ended June 30, 1978.

Ending December 31, 1980.

Table I.14.Members That Have Accepted the Obligations of Article VIII, April 30, 1980
Effective Date
Memberof Acceptance
ArgentinaMay 14, 1968
AustraliaJuly 1, 1965
AustriaAugust 1, 1962
BahamasDecember 5, 1973
BahrainMarch 20, 1973
BelgiumFebruary 15, 1961
BoliviaJune 5, 1967
CanadaMarch 25, 1952
ChileJuly 27, 1977
Costa RicaFebruary 1, 1965
DenmarkMay 1, 1967
DominicaDecember 13, 1979
Dominican RepublicAugust 1, 1953
EcuadorAugust 31, 1970
El SalvadorNovember 6, 1946
FijiAugust 4, 1972
FinlandSeptember 25, 1979
FranceFebruary 15, 1961
Germany, Fed. Rep. ofFebruary 15, 1961
GuatemalaJanuary 27, 1947
GuyanaDecember 27, 1966
HaitiDecember 22, 1953
HondurasJuly 1, 1950
IrelandFebruary 15, 1961
ItalyFebruary 15, 1961
JamaicaFebruary 22, 1963
JapanApril 1, 1964
KuwaitApril 5, 1963
LuxembourgFebruary 15, 1961
MalaysiaNovember 11, 1968
MexicoNovember 12, 1946
NetherlandsFebruary 15, 1961
NicaraguaJuly 20, 1964
NorwayMay 11, 1967
OmanJune 19, 1974
PanamaNovember 26, 1946
Papua New GuineaDecember 4, 1975
PeruFebruary 15, 1961
Qatar ;June 4, 1973
Saudi ArabiaMarch 22, 1961
SeychellesJanuary 3, 1978
SingaporeNovember 9, 1968
Solomon IslandsJuly 24, 1979
South AfricaSeptember 15, 1973
SurinameJune 29, 1978
SwedenFebruary 15, 1961
United Arab EmiratesFebruary 13, 1974
United KingdomFebruary 15, 1961
United StatesDecember 10, 1946
VenezuelaJuly 1, 1976
Table I.15.Allocation of Special Drawing Rights, January 1,1980
ParticipantSDRs
Afghanistan4,680,000
Algeria29,640,000
Argentina55,640,000
Australia82,160,000
Austria34,320,000
Bahamas3,432,000
Bahrain2,080,000
Bangladesh15,808,000
Barbados1,768,000
Belgium92,560,000
Benin1,664,000
Bolivia4,680,000
Botswana936,000
Brazil69,160,000
Burma7,592,000
Burundi2,392,000
Cameroon4,680,000
Canada141,128,000
Cape Verde208,000
Central African Republic1,664,000
Chad1,664,000
Chile22,568,000
China, People’s Republic of57,200,000
Colombia20,072,000
Comoros239,200
Congo1,768,000
Costa Rica4,264,000
Cyprus3,536,000
Denmark32,240,000
Djibouti395,200
Dominica197,600
Dominican Republic5,720,000
Ecuador7,280,000
Egypt23,712,000
El Salvador4,472,000
Equatorial Guinea1,040,000
Ethiopia3,744,000
Fiji1,872,000
Finland27,248,000
France199,576,000
Gabon3,120,000
Gambia, The936,000
Germany, Fed. Rep. of224,224,000
Ghana11,024,000
Greece19,240,000
Grenada312,000
Guatemala5,304,000
Guinea3,120,000
Guinea-Bissau405,600
Guyana2,600,000
Haiti2,392,000
Honduras3,536,000
Iceland3,016,000
India119,080,000
Indonesia49,920,000
Iran68,640,000
Iraq14,664,000
Ireland16,120,000
Israel21,320,000
Italy128,960,000
Ivory Coast7,904,000
Jamaica7,696,000
Japan172,536,000
Jordan3,120,000
Kampuchea, Democratic2,600,000
Kenya7,176,000
Korea16,640,000
Lao People’s Democratic Republic1,664,000
Lebanon1,248,000
Lesotho728,000
Liberia3,848,000
Libyan Arab Jamahiriya19,240,000
Luxembourg3,224,000
Madagascar3,536,000
Malawi1,976,000
Malaysia26,312,000
Maldives93,600
Mali2,808,000
Malta2,080,000
Mauritania1,768,000
Mauritius2,808,000
Mexico55,640,000
Morocco15,600,000
Nepal1,976,000
Netherlands98,592,000
New Zealand24,128,000
Nicaragua3,536,000
Niger1,664,000
Nigeria37,440,000
Norway30,680,000
Oman2,080,000
Pakistan29,640,000
Panama4,680,000
Papua New Guinea3,120,000
Paraguay2,392,000
Peru17,056,000
Philippines21,840,000
Portugal17,888,000
Qatar4,160,000
Romania25,480,000
Rwanda2,392,000
St. Lucia374,400
St. Vincent176,800
São Tomé and Principe208,000
Saudi Arabia62,400,000
Senegal4,368,000
Seychelles135,200
Sierra Leone3,224,000
Singapore5,096,000
Solomon Islands218,400
Somalia2,392,000
South Africa44,096,000
Spain57,928,000
Sri Lanka12,376,000
Sudan9,152,000
Suriname2,600,000
Swaziland1,248,000
Sweden46,800,000
Syrian Arab Republic6,552,000
Tanzania5,720,000
Thailand18,824,000
Togo1,976,000
Trinidad and Tobago8,528,000
Tunisia6,552,000
Turkey20,800,000
Uganda5,200,000
United Arab Emirates12,480,000
United Kingdom304,200,000
United States874,120,000
Upper Volta1,664,000
Uruguay8,736,000
Venezuela68,640,000
Viet Nam9,360,000
Western Samoa312,000
Yemen Arab Republic1,352,000
Yemen, People’s Democratic Republic4,264,000
Yugoslavia28,808,000
Zaïre15,808,000
Zambia14,664,000
Total4,033,276,000
Table I.16.Transfers of Special Drawing Rights, January 1, 1970-April 30, 1980(In millions of SDRs)
Total
Jan. 1, 1970-

Financial Years Ended April 30Jan. 1, 1970-
Apr. 30, 19701971197219731974197519761977197819791980Apr. 30, 1980
Transfers between

participants
Transactions by

agreement
202863803039962491763179271,5333625,549
Transactions with

designation
From holdings1553482671176044029211654743462,283
From purchases

of SDRs from Fund
33441,0061,0252,364
1756336474201,0566884684361,3252,6131,73310,196
General Resources
Account
Transfers from

participants
Repurchases (net)183357501682924440738445029944,015
Charges (net)2966303029923547098017155533,407
Quota payments201191221
Assessments1111112112112
Interest received on
General Resources
Account holdings47108212123405782274
213429540108671388178051,8871,2951,6307,928
Transfers to participants
Purchases29274443256621,1061,2833,822
Reconstitution1461071571174044454747551,832
Replenishment of
Fund’s holdings of
currencies12321145
Remuneration181522061024122136140494
Distribution of

net income
9817
Restoration of

participants’

holdings of SDRs 2
2929
Interest, transfer

charges on

Fund borrowings
829122171
Repayments of Fund

borrowings
3864102
Other13849
1511204011851278654951,2871,3751,5136,521
Total transfers3881,2131,3079291,3089532,1501,7364,4995,2834,87724,644
General Resources
Account holdings at

end of period
2134909106174995104617711,3711,2901,4071,407

Including amounts acquired as part of purchases.

To offset the effect of failure to fulfill the requirement of balance of payments need when using SDRs in transactions with designation.

To enable participants to pay assessments and net charges in the Special Drawing Rights Department.

Transfers to enable participants to pay charges in the General Resources Account.

Including amounts acquired as part of purchases.

To offset the effect of failure to fulfill the requirement of balance of payments need when using SDRs in transactions with designation.

To enable participants to pay assessments and net charges in the Special Drawing Rights Department.

Transfers to enable participants to pay charges in the General Resources Account.

Table I.17.Summary of Transactions and Operations in Special Drawing Rights, Financial Year Ended April 30, 1980(In thousands of SDRs)
Transactions and OperationsPositions at April 30, 1980
With other participantsHoldings as
Interest,percent
ReceivedWith the GeneralCharges, andNetof net
Holdings onAllocation asThroughResources AccountAssessmentcumulativecumulative
Holders 1April 30, 1979of Jan. 1. 1980designationBy agreementUsedReceivedUsed(Net)Holdingsallocationsallocations
Participants2
Afghanistan10,7254,6802,695−36317,73722,11380.2
Algeria76,26529,6402,0001530−108,43699,570108.9
Argentina224,19955,64036,0007312,685319,255263,800121.0
Australia171,86782,160130,000275,071−19,69729,261389,9657.5
Austria145,22934,3207.0007,5163,554197,620145,385135.9
Bahamas3,4323,4326,8636,864100.0
Bahrain2,1652,08064,2524,160102.2
Bangladesh13,12715,80847,00051,14310,623−46621,98931,61669.5
Barbados4,1731,7681,308−764,5576,30572.3
Belgium516,06592,56042,4945,87513,879585,885394,466148.5
Benin6,1071,6644,000633,7087,77747.7
Bolivia18,6354,68026,8138,759997−1,0553,20922,11314.5
Botswana2,5039363,4393,44199.9
Brazil271,71569,16031,6501,4555,516379,496290,840130.5
Burma7,2377,59216,1001 1,0007,51919,921−1,9945,53336,02815.4
Burundi5,3702,392151−2877,32411,35164.5
Cameroon5,3024,6802,56010,770−1,27749519,8732.5
Canada504,606141,12828,55780,866−2,492590,933640,87692.2
Cape Verde208208200−1520141648.3
Central African Republic2,3701,6645,8545,8641,877−3671,8007,69323.4
Chad2,0981,6642,498−3938717,77711.2
Chile16,83022,56840,95035,190−4,39140,76899,79040.9
China, People’s Rep. of57,19357,200−7114,386114,400100.0
Colombia61,96820,07220,0501,412−180103,32294,585109.2
Comoros239239478478100.0
Congo1,6431,7682,0002,005603−3912,4227,98530.3
Costa Rica5,9084,2647,5407,6033,830−8645,54019,54428.3
Cyprus14,3423,5368,840−1908,84815,97055.4
Denmark133,87032,2407,5001961,833175,639147,244119.3
Djibouti395395315−2245479057.4
Dominica1981981,8901,900215−1317739544.7
Dominican Republic9,4025,72023,25023,2508,692−1,0835,34725,97520.6
Ecuador17,8577,2801,30013426,47225,789102.6
Egypt17,34323,7124,30024,808−6,96113,586112,66812.1
El Salvador12,7064,47250080017,678−7366420,5990.3
Equatorial Guinea2,4551,0401,800−2411,4534,79230.3
Ethiopia3,7653,74436,00033,012661−2303,6307,48848.5
Fiji3,0881,872500323−105,1275,122100.1
Finland88,74827,2489,4677,430−41117,994115,966101.7
France540,402199,576143,7854,268−4,356883,674884,13299.9
Gabon7,6083,1207,5007,519592−5210,10311,03191.6
Gambia, The9279361,6001,604315−2011,3524,20332.2
Germany, Fed. Rep. of1,640,953224,2248,50042,494238,42853,94466,1491,797,836990,848181.4
Ghana18,72111,0245,8592,03321,85352,17141.9
Greece22,13319,24014,76448,474−5,1992,46484,6742.9
Grenada71312392600653585−2421862434.9
Guatemala16,8925,3041,3001697523,73922,476105.6
Guinea1,1093,1202,9672,9671,232−8892,10914,54414.5
Guinea-Bissau118406372446381157.0
Guyana6,9272,6005506,1006,1257,817−4561,82911,98015.3
Haiti5,9222,392541−2687,50511,35166.1
Honduras7,2243,53650040120−34910,83115,58969.5
Iceland1,4143,0165,0005,727−8052,89913,45121.6
India369,124119,080100,75059,900− 6,031523,023564,38092.7
Indonesia112,48349,92023,500202−990185,115189,99697.4
Iran166,19368,6401,0712,878238,782199,176119.9
Iraq68,14214,66422,652383,544109,04052,545207.5
Ireland67,62016,1202,0001,3131,21388,26571,453123.5
Israel16,27821,3203,00088,00031,55331,55396,099−4,99027,50885,45032.2
Italy361,909128,960154,00226,619−1,057617,196575,920107.2
Ivory Coast14,9267,9043,00013,000−60612,22430,07640.6
Jamaica1,9597,6963,12320,35023,03313,121−2,10123933,0650.7
Japan1,245,888172,53639,04457,4991,514,966722,472209.7
Jordan10,4583,1201,6252015,22413,827110.1
Kampuchea, Democratic1,9042,600−7263,77813,71727.5
Kenya16,9877,17669,0008,6683,23187,72629,952292.9
Korea32,79716,6402,00035,00035,32019,882−1,45630,41955,51054.8
Lao People’s Democratic Republic1,9851,6642,546−4346697,7778.6
Lebanon1,2481,2482,4962,496100.0
Lesotho1,089728−951,7223,02556.9
Liberia6,8513,84819,50012,500544−5522,60317,23315.1
Libyan Arab Jamahiriya19,23819,24018,000192157,40038,480149.2
Luxembourg10,8163,2245791917514,88613,793107.9
Madagascar10,5503,5361,08011,2503,064−69116115,8021.0
Malawi5,0821,97619,00017,5191,083−2594,2349,03746.9
Malaysia71,01426,31222,000325−107119,544113,242105.6
Maldives9494187187100.0
Mali1,7232,808587−7103,23413,15824.6
Malta7,9342,0802,10038918112,6859,248137.2
Mauritania2,0301,7681,093−3842,3217,98529.1
Mauritius1,4622,8081,000911,307−7651,28912,9909.9
Mexico139,72255,64030,50077,986—2,501145,375235,45061.7
Morocco24,61915,60013,586−3,00523,62870,38933.6
Nepal2,0171,976900−1922,9006,16747.0
Netherlands357,20698,59229,00026,2134,458515,469433,644118.9
New Zealand38,13424,12825,05725,05733,978−6,29021,994117,65818.7
Nicaragua7,6273,5361,94248,50043,1533,498−9703,29016,01520.5
Niger6,0411,664−67,6997,77799.0
Nigeria105,20437,4404,0007,5842,098156,326120,435129.8
Norway130,00330,6807,2509,2902.605179,828137,680130.6
Oman2.8212,0804,9014,902100.0
Pakistan51,12129,64010,00010,00029,144−5,94345,674140,91932.4
Panama5,5064,6802,0006,00012,267−1,1174,80121,73222.1
Papua New Guinea3,3053,1201,8005,0008,487−1714,5666,24073.2
Paraguay9,0342,392300742311,82311,351104.2
Peru8,26217,056124,58068,00036,10896,277−39121,33874,59128.6
Philippines26,60121,840149,000;169 20636,293−4,22728,12895,17529.6
Portugal7,22617,8883,00012,516−1,36114,23835,77639.8
Qatar4,1594,16030068,6258,320103.7
Romania11,78625,48014,792−1,83720,63850,96040.5
Rwanda4,5902,39213−3456,62511,35158.4
Sao Tome and Principe208208416416100.0
Saudi Arabia62,39262,400101,94322,9845,830255,549124,800204.8
Senegal13,2264,36818,25310,2792,399−4626,76020,17833.5
Seychelles13513550−321727080.2
Sierra Leone8903,2242236,485−7,9304,156−88773914,2935.2
Singapore5,0955,0967,500145−43018,26610,192179.2
Solomon Islands6621830−1424143755.2
Somalia6,3732,3921565−2058,51111,35175.0
South Africa36,14444,09612,229−8,33059,680177,11233.7
Spain158,75457,92897,0001,29818,2301,385298,135241,991123.2
Sri Lanka32,33012,37617,00013,10013,345−1,84725,61458,73043.6
St. Lucia374374374100.0
St. Vincent177177177100.0
Sudan709,15214,51060,51768,77610,3512,25119,38943,21644.9
Suriname2,6002,6005,1995,200100.0
Swaziland2,1251,24834−1423,2655,20862.7
Sweden164,01646,80014,0001,3311,526 ;227,674200,625113.5
Syrian Arab Republic12,0326,55218−91217,65430,13858.6
Tanzania6,9615,72034,00034,0008,460−1,3582,86325,76211.1
Thailand43,49918,8248,695−74852,88166,19079.9
Togo6,3341,97638−608,2129,03790.9
Trinidad and Tobago28,1848,5287,50015544,36737,867117.2
Tunisia14,5146,5521,00011,188−51620,36427,81773.2
Turkey8620,80027,97051,62566,81933,577−5,83624,63791,90726.8
Uganda8,5215,20010,97916,01015,785−9831,98324,2968.2
United Arab Emirates12,47812,4803,48542816929,04124,960116.4
United Kingdom753,433304,200354,603479,144−37,444895,6491,614,72055.5
United States2,044,813874,12023,275−86.7832,855.4254,042,22070.6
Upper Volta6,0851,664−37,7467,77799.6
Uruguay20,4658,7366,970−64235,52941,40985.8
Venezuela254,98168,6402,20013,9146,579346,314249,570138.8
Viet Nam14,2799,3602,744−1,30919,58638,47850.9
Western Samoa52312253200195−4517783621.2
Yemen Arab Republic4,6101,3525,20015930411,6254,834240.5
Yemen, People’s Dem. Rep. of6,3444,2643,161−8166,63118,40136.0
Yugoslavia37,90928,8083 13,252338,83732,982−4,22155,099126,90743.4
Participants
Zaïre3,47115,8082,6474,90013,22621,145−4,5324,57570,8056.5
Zambia9,63814,66469,50084,81323,599−2,98713,02853,91624.2
Total Participants12,057,6514,033,2761,371,515361,7881,733,3031,517,1841.551,459−82,81315,973,83917,380,836
General Resources Account1,289,9091,551,4591,517,18482,8131,406,997
Total13,347,5604,033,2761,371,515361,7881,733,3033,068,6433,068,64317,380,83617,380,836

Six official financial institutions have been prescribed by the Fund as “other holders” of SDRs, viz., the Andean Reserve Fund, the Bank for International Settlements, theEast Caribbean Currency Authority, the International Fund for Agricultural Development, the Nordic Investment Bank, and the Swiss National Bank. At April 30, 1980 none of these institutions held SDRs.

Kuwait became a participant on April 7, 1980, but held no SDRs at April 30, 1980.

Six official financial institutions have been prescribed by the Fund as “other holders” of SDRs, viz., the Andean Reserve Fund, the Bank for International Settlements, theEast Caribbean Currency Authority, the International Fund for Agricultural Development, the Nordic Investment Bank, and the Swiss National Bank. At April 30, 1980 none of these institutions held SDRs.

Kuwait became a participant on April 7, 1980, but held no SDRs at April 30, 1980.

Table I.18.Currencies Transferred for Special Drawing Rights, January 1, 1970-April 30,1980(In millions of SDRs)
Total
Jan. 1, 1970-

Financial Years Ended April 30Jan. 1, 1970-
Apr. 30, 19701971197219731974197519761977197819791980Apr. 30, 1980
Transactions with designation
Belgian francs
Provided directly

to participants
1.01.0
Deutsche mark
Exchanged for U.S. dollars3.02.02.010.017.0
French francs
Provided directly

to participants
3.522.319.025.525.696.0
Exchanged for deutche mark12.612.6
Exchanged for pounds sterling8.08.0
Exchanged for U.S. dollars14.021.0104.080.516.05.0.75.0121.1436.5
25.543.3104.080.535.05.0113.2146.8553.1
Italian lire
Provided directly

to participants
4.04.0
Mexican pesos
Exchanged for U.S. dollars1.01.0
Pounds sterling
Provided directly

to participants
27.456.359.91.541.22.6188.9
Exchanged for French francs6.71.38.0
Exchanged for U.S. dollars45.853.45.43.01.04.019.3131.9
79.9111.065.33.0.1.04.020.841.22.6328.8
U.S. dollars
Provided directly

to participants
148.9227.1112.551.254.1321.1207.261.0383.1881.81,042.13,490.1
Exchanged for deutsche mark37.5155.0192.5
Exchanged for French francs3.625.033.7
Exchanged for Japanese yen6.36.3
Exchanged for pounds sterling7.511.519.0
154.0238.2112.551.254.1332.6207.261.0383.1925.61,222.13,741.6
Total155.0347.6266.8116.660.1440.6291.7118.8398.11,079.91,371.54,646.6
Transactions by agreement
Australian dollars1.01.0
Belgian francs,37.056.567.9165.942.5369.9
Danish kroner5.063.368.2
Deutsche mark100.5123.530.429.4110.5740.555.11,189.8
French francs588.578.32.7669.6
Japanese yen500.0500.0
Netherlands guilders11.7264.95.2281.8
Pounds sterling20.025.0291.8336.8
U.S. dollars ‘285.5355.0119.0815.9292.5264.22,132.1
Total20.0285.5380.0303.5995.9248.5176.6317.1927.41,533.0361.85,549.3
Table I.19.Publications Issued, Financial Year Ended April 30,1980
Reports and Other DocumentsPamphlet Series
Annual Report of the Executive Board for the Financial Year Ended April 30, 1979

(English, French, German, and Spanish). Free



Annual Report on Exchange Arrangements and Exchange Restrictions, 1979

One copy free; additional copies US$5.00 each (US$7.00 with effect from June 1, 1980).

By-Laws, Rules and Regulations

Thirty-Sixth Issue (English, French, and Spanish). Free



Summary Proceedings of the Thirty-Fourth Annual Meeting of the Board of Governors Free



Subscription Publications

Balance of Payments Yearbook

Vol. 31. Annual, 11 monthly booklets, and supplement. US$20.00 a year (US$26.00 with effect from June 1, 1980). US$8.00 (US$10.00) to university libraries, faculty members, and students.

Direction of Trade

Monthly, with Yearbook.

US$16.00 a year (US$21.00 with effect from June 1, 1980).US$6.00 (US$8.00) to university libraries, faculty members, and students.

International Financial Statistics

Monthly, with Yearbook (English, French, and Spanish).U.S.$40.00 a year (US$52.00 with effect from June 1, 1980).US$16.00 (US$21.00) to university libraries, faculty members, and students.

Staff Papers

Four times a year. US$7.00 a year (US$9.00 with effect from June 1, 1980). US$3.00 (US$4.00) to university libraries, faculty members, and students.

University libraries, faculty members, and students may obtain the four publications listed above at the reduced rate of US$26.00 for all four publications (US$40.00 with effect from June 1, 1980).
No. 21 International Capital Movements Under the Law of theInternational Monetary Fund

By Joseph Gold (Spanish). Free



No. 22 Floating Currencies, SDRs, and Gold: Further Legal Developments

By Joseph Gold (French). Free



No. 23 Use, Conversion, and Exchange of Currency Under theSecond Amendment of the Fund’s Articles

By Joseph Gold (French and Spanish). Free



No. 24 The Rise in Protectionism



By Trade and Payments Division (French and Spanish). Free

No. 25 The Second Amendment of the Fund’s Articles of Agreement

By Joseph Gold (French and Spanish). Free



No. 26 SDRs, Gold, and Currencies: Third Survey of New Legal Developments

By Joseph Gold (French). Free



No. 27 Financial Assistance by the International Monetary Fund: Law and Practice (Second Edition)

By Joseph Gold (English). Free



No. 28 Thoughts on an International Monetary Fund Based Fully on the SDR

By J. J. Polak (French and Spanish). Free



No. 29 Macroeconomic Accounts: An Overview

By Poul Host-Madsen (English). Free



No. 30 Technical Assistance Services of the International Monetary Fund

(English, French, and Spanish). Free



No. 31 Conditionality

By Joseph Gold (English). Free
Government Finance Statistics Yearbook

Vol. Ill, 1979. (Introduction and titles of lines in English, French, and Spanish). US$10.00 a year (US$13.00 with effect from June 1, 1980). US$4.00 (US$5.00) to university libraries, faculty members, and students.

For users of Fund publications that have access to a computer, tape subscriptions to the Balance of Payments Year-book, Direction of Trade, Government Finance Statistics Yearbook, and International Financial Statistics are available at US$1,000.00 a year each. This price includes the book version. The price to universities is US$400.00 a year for each publication.
Other

Finance and Development

Issued jointly with IBRD; quarterly (English, Arabic, French, German, and Spanish. A selection of articles is published annually in Portuguese). Free



IMF Survey

Twice monthly but only once in December (English, French, and Spanish). Private firms and individuals are charged for delivery at the annual rate of US$10.00 (US$15.00 with effect from January 1, 1981).

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