It’s not unusual for national institutions, like foreign exchange managers, to maintain deposit balances with supranational financial agencies such as the IMF or BIS. In fact, outside of collecting data, this is pretty much what those are used for in their current incarnation. Any (ledger) cash put up with them can be then lent to someone else to settle outgoing trade or financial imbalances.
The Russian government, for example, reported in December 2021 that it had been credited with $184.7 billion classified (by the IMF) as “total currency and deposits.” Of that, $140.2 billion were held (book entry) on its behalf by either other foreign governments and central banks, or one of the pair IMF/BIS.
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