ECCB 2015/2016 Annual Report

Eastern Caribbean Central Bank Notes to Financial Statements March 31, 2016 (expressed in Eastern Caribbean dollars) 3. Financial risk management … continued e) Liquidity risk …continued Derivative cash flows 0 pre s e r n d r ag n … c r s c l EASTERN CARIBBEAN CENTRAL BANK Financial risk management … continued e) i idity risk continued i ti e cash flows

NOTES TO FINANCIAL STATEMENTS

(expressed in Eastern Caribbean dollars)

March 31, 2016

3.

The following table shows the derivative financial instruments (forward contracts) that will be settled on a gross basis into relevant maturity groupings based on the remaining period at the statement of financial position date to the contractual maturity date. The amounts disclosed in the table are contractual undiscounted cash flows. the rivat financia instru (for ill e g into relev atu the re p a the the ntrac matur da e ct l ndi The follo ing table sho s the derivative financial instru ents (for ard contracts) that ill be settled on a gross basis into relevant aturity groupings based on the re aining period at the statement of financial position date to the contractual maturity date. The amounts disclosed in the table are contractual undiscounted cash flows.

0-3 months

3-6 months

At March 31, 2016

Total

Derivatives held for trading (forward contracts)

Foreign exchange derivatives - Outflow

(113,867,798) 37,955,899

– (113,867,798)

37,955,899

- Inflow

–

0-3 months

3-6 months

At March 31, 2015

Total

Derivatives held for trading (forward contracts) Foreign exchange derivatives - Outflow

(54,816,169) 148,731,690

– (54,816,169) – 148,731,690

- Inflow

48

84

ECCB A nnual R eport 2015/2016