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)

5. Balances with other central banks and foreign banks

2023 $

2022 $

Balances with other central banks Balances with Regional central banks Balances with European central banks Balances with North American central banks

12,451,705

16,532,299

163,894 867,287

264,346

1,017,358

13,482,886

Total balances with other central banks

17,814,003

Balances with foreign banks Current accounts denominated in United States dollars

692,982

1,020,689

14,175,868

Current

18,834,692

These balances are non-interest bearing.

6.

Money market instruments and money at call

2023 $

2022 $

By currency

Balances denominated in United States dollars

780,704,339

1,123,775,129

Interest receivable

64,973

1,430,217

780,769,312

Total money market instruments and money at call

1,125,205,346

Less: allowance for impairment

-

(12,437)

780,769,312

Total money market instruments and money at call, net

1,125,192,909

By financial instrument type

Money market instruments maturing in less than ninety days:

2023 $

2022 $

Term deposits

243,000,000 91,736,978 16,195,102 168,402,375

597,634,921 160,502,437

Commercial paper Certificate of deposits

-

Money at call

271,772,228

Included in cash and cash equivalents (note 25)

519,334,455

1,029,909,586

82