UPDATE 1-IMF says completes 403.3 tonnes gold sales program

(Adds details on gold sales)


WASHINGTON Dec 21 (Reuters) - The International Monetary
Fund said on Tuesday it had concluded the sale of 403.3 tonnes
of gold under a program approved in September 2009 to help
boost its lending resources.


All gold sales were at market prices, including direct
sales to official holders, the IMF said in a statement.


The gold sales amounted to one-eighth of the IMF's total
gold reserves. The fund sold 200 tonnes to India's central bank
last year.


Other buyers have included Bangladesh, Sri Lanka and
Mauritius.


The IMF said on Nov. 29 it told 19.5 tonnes of gold in
October, but it has not yet provided details of sales in
November or December.