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) c) Market risk (continued) i) Interest rate risk (continued) The Bank’s investments in foreign securities, money market instruments and money at call for which rates vary with market movements, exposed the Bank to cash flow and fair value interest rate risk. The table below summarises the Bank’s exposure to interest rate risks. It includes the Bank’s financial instruments, categorised by the earlier of contractual repricing or maturity dates.

3 months to 1 year $

Non-Interest bearing $

Up to 1 month $

1 to 3 months $

1 to 5 year $

Over 5 years $

Total $

As of 31 March 2024

Financial assets Regional and foreign currencies Balances with other central banks Balances with foreign banks Money market instruments and money at call Derivative financial instruments Foreign investment securities Cash and balances with local banks Participating governments’ securities Participating governments’ advances Accounts receivable Domestic investment securities

- - -

- - - - -

- - - - -

- - - - -

- 166,233,126 166,233,126

- - - - - -

1,179,342

1,179,342

44,863

44,863

674,320,176

55,130,893 729,451,069

-

60,608

60,608

729,649,749 1,278,315,563 1,345,748,823

971,777,630

78,205 4,325,569,970

1,074,234

-

-

-

-

1,074,234

1,932,808

6,265,196

88,343,800

- 213,267,867

23,659,469

93,066,594

-

- - -

-

61,946,545

8,501,723 22,128,395

31,316,427

4,707

9,756

43,903

18,579

2,603,884 2,680,829

-

-

-

-

624,186

624,186

1,415,483,397 1,306,718,910 1,400,768,6221,060,140,009

93,066,594

225,955,107 5,502,132,639

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