ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

Eastern Caribbean Central Bank Notes to Consolidated Financial Statements March 31, 2015

(expressed in Eastern Caribbean dollars) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (express d in Eastern Caribbean dollars) March 31, 2015

5. Money market instruments and money at call … continued oney arket instru ents and oney at call continued

5.

2015 $

2014 $

By financial instrument type

Money market instruments maturing in less than ninety days: Money at call

330,118,404 521,818,698 188,105,813

660,388,697 445,261,776 184,351,593

Term deposits Commercial paper

Included in cash and cash equivalents (note 24)

1,040,042,915

1,290,002,066

Money market instruments maturing after ninety days: Commercial paper

107,879,381 27,000,000

67,441,586

Term deposits

–

134,879,381

67,441,586

Interest receivable

102,443

116,630

1,175,024,739

Total money market instruments and money at call

1,357,560,282

Money market instruments include commercial paper purchased at discounts and term deposits with interest rates ranging from 0.05% to 0.45% (2014: 0.05% to 0.60%). Money at call includes cash balances available to the Bank’s money managers and funds held at the United States Federal Reserve Bank for the day to day operations of the Bank. These balances earned interest at rates ranging from 0.00% to 0.13% (2014: 0.00% to 0.15%) during the year. Money market instruments include commercial paper purchased at discounts and term deposits with interest rates ranging from 0.05% to 0.45% (2014: 0.05% to 0.60%). oney at call includes cash balances available to the Bank’s money managers and funds held at the United States Federal Reserve Bank for the day to day operations of the Bank. These balances earned interest at rates ranging from 0.00% to 0.13% (2014: 0.00% to 0.15 ) during the year.

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ECCB ANNUAL REPORT 2014/2015

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