ECCB 2017-2018 Annual Report and Statement of Accounts

Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2018 (expressed in Eastern Caribbean dollars) Eastern Caribbean Central Bank Notes to the Financial Statements M rch 31, 2018 (expressed in Eastern Caribbean dollars) Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2018 (expressed in Eastern Caribbean dollars)

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ECCB ANNUAL REPORT 2017/2018

EASTERN CARIBBEAN CENTRAL BANK NOTES TO THE FINANCIAL STATEMENTS

(expressed in Eastern Caribbean dollars) 9. Loans and receivables: Participating governments’ securities ...continued The movement in loans and receivables: participating governments’ securities may be summarized as follows: Debentures $ Treasury Bills $ Total $ Balance as of March 31, 2016 77,650,221 4,381,080 82,031,301 Payment of principal (5,999,182) - (5,999,182) Reduction in Treasury Bill holdings - (4,381,080) (4,381,080) Balance as of March 31, 2017 71,651,039 - 71,651,039 Additions - 15,912,960 15,912,960 Payment of principal (6,179,137) - (6,179,137) Balance as of March 31, 2018 65,471,902 , , 81,384,8 2 9. Loans and receivables: Participating governments’ securities ...continued The movement in loans and receivables: participating governments’ securities may be summarized as follows: Debentures $ Treasury Bills $ Total $ Balance as of March 31, 2016 77,650,221 4,381,080 82,031,301 Payment of principal (5,999,182) - (5,999,182) Reduction in Treasury Bill holdings - (4,381,080) (4,381,080) Balance as of M rch 31, 2017 71,651,039 - 71,65 , 39 Additions - 15,912,960 15,912,960 Payment of principal (6,179,137) - (6,179,137) Balance as of March 31, 2018 65,471,902 15,912,960 81,384,862 March 31, 2018 9. Loans and receivables: Participating governments’ securities ...continued The movement in loans and receivables: participating governments’ securities may be summarized as follows: Debentures $ Treasury Bills $ Total $ Balance as of March 31, 2016 77,650,221 4,381,080 82,031,301 Payment of principal (5,999,182) - (5,999,182) Reduction in Treasury Bill holdings - (4,381,080) (4,381,080) Balance as of March 31, 2017 71,651,039 - 71,651,039 Additions - 15,912,960 15,912,960 Payment of principal (6,179,137) - (6,179,137) Balance as of March 31, 2018 65,471,902 15,912,960 81,384,862

10. Loans and receivables: Participating governments’ advances 10. Loans and receivables: Participating governments’ advances 10. Loans and receivables: Participating governments’ advances

2018 $ 2018 $ 2018 $

2017 $ 2017 $ 2017 $

Operating accounts: - Government of Anguilla Operating accounts: - Government of Anguilla - Government of St. Vincent and the Grenadines - Government of Dominica - Government of Grenada Operating accounts: - Government of Anguilla - Government of St. Vincent and the Grenadines - overn ent of Dominica - er e t f Grenada - Government of St. Vincent and the Grenadines - Government of Dominica - Government of Grenada Interest receivable Interest receivable Total operating accounts Total temporary advances - Government of St. Vincent and the Grenadines Total temporary advances - Government of St. Vincent and the Grenadines Total temporary advances - Government of St. Vincent and the Grenadines Total operating accounts Interest receivable Total operating accounts

14,724,971 6,014,404 1,586,116 6,014,404 1,586,116 - 22,325,491 168,102 22,493,593 14,724,971 6,014,404 1,586,116 - 22,325,491 168,102 22,493,593 - 22,325,491 168,102 22,493,593 20,719,108 20,719,108 20,719,108 20,719,108 20,719,108 20,719,108 117,670 20,836,778 117,670 20,836,7 8 117,670 20,836,778 43,330,371 43,330,371 43,330,371 43,330,371 43,330,371 14,724,971 , ,

14,277,078 8,267,217 8,267,217 - 2,078,849 24,623,144 14,277,078 8,267,217 - 2,078,849 24,623,144 2,078,849 24,623,144 24,623,144 24,623,144 24,623,144 15,839,312 15,839,312 15,839,312 15,839,312 15,839,312 15,839,312 33,848 15,873,160 33,848 15,87 ,160 33,848 15,873,160 40,496,304 40,496,304 40,496,304 40,496,304 40,496,304 14,277,078 - , , - - -

Interest receivable Interest receivable

Interest receivable Total temporary advances Total tempor ry advances

Total temporary advances otal due from participating governments’ advances Total due from participating governments’ advances Total due from participating governments’ advances Current Current

Current

Amounts due from participating governments for temporary advances and operating account overdraft balances are unsecured and usually accrue interest at 6.50% per annum. 68 Amounts due from participating governments for temporary advances and operating account overdraft balances are unsecured and usually accrue interest at 6.50% per annum. Amounts due from participating governments for temporary advances and operating account overdraft balances are unsecured and usually accrue interest at 6.50% per annum.

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