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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