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
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