ECCB 2023-2024 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars) 3. Financial risk management (continued) b) Credit risk (continued) (ii) Credit quality analysis (continued)

Money Market Instruments at FVOCI

The Bank held no money market instruments at FVOCI as at 31 March 2024.

2023

Purchased Credit-Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Money Market Instruments at FVOCI Investment grade

254,367,980

-

-

-

254,367,980

Gross carrying amount

254,367,980

-

-

-

254,367,980

Loss allowance (recognised in other comprehensive income)

(40,276)

-

-

-

(40,276)

Carrying amount

254,367,980

-

-

-

254,367,980

Money Market Instruments at Amortised Cost

2024

Purchased Credit-Impaired

Stage 1 Stage 2 Stage 3

Total

$

$

$

$

$

Money Market Instruments at Amortised Cost Investment grade

630,727,955 98,731,257 729,459,212

- - - -

- - - -

- - - -

630,727,955 98,731,257 729,459,212

Unrated

Gross carrying amount

Loss allowance

(8,143)

(8,143)

Carrying amount

729,451,069

-

-

-

729,451,069

47

Made with FlippingBook Digital Proposal Maker