ECCB 2022-2023 Annual Report and Financial Statements

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2023 (Expressed in Eastern Caribbean dollars)

3. Financial risk management (continued)

b) Credit risk (continued)

(ii) Credit quality analysis (continued)

2023

Purchased Credit Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Money Market Instruments at Amortised Cost

Investment grade

785,777,420

-

-

-

785,777,420

Unrated

85,059,946

-

-

-

85,059,946

Gross carrying amount

870,837,366

-

-

-

870,837,366

Loss allowance

(12,437)

-

-

-

(12,437)

Carrying amount

870,824,929

-

-

-

870,824,929

2022

Purchased Credit Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Money Market Instruments at Amortised Cost

Investment grade

397,928,858

-

-

-

397,928,858

Unrated

13,500,000

-

-

-

13,500,000

Gross carrying amount

411,428,858

-

-

-

411,428,858

Loss allowance

-

-

-

-

-

Carrying amount

411,428,858

-

-

-

411,428,858

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