ECCB 2023-2024 Annual Report

Eastern Caribbean Central Bank Notes to Consolidated Financial Statements For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)

3. Financial risk management (continued) e) Fair value (continued) (i) Financial instruments not measured at fair value The following table sets out the fair values of financial instruments not measured at fair value and analyses them by the level in the fair value hierarchy into which each fair value measurement is categorised: 31 March 2024 Level 1 Level 2 Level 3 Total fair values Total carrying amount $ $ $ $ $ Financial assets Balances with other central banks - 1,179,342 - 1,179,342 1,179,342 Balances with foreign banks - 44,863 - 44,863 44,863 Money market instruments and money at call - 729,451,069 - 729,451,069 729,451,069 Cash and balances with local banks - 1,074,234 - 1,074,234 1,074,234 Participating governments’ securities - - 213,267,867 213,267,867 213,267,867 Participating governments’ advances - - 61,946,545 61,946,545 61,946,545 Accounts receivable - - 2,680,829 2,680,829 2,680,829

Financial liabilities Demand and deposit liabilities – domestic

5,385,890,262

5,385,890,262

5,385,890,262

- - - -

- - - -

2,721,099 77,771,381

2,721,099 77,771,381 1,178,996

2,721,099 77,771,381 1,178,996

Lease liabilities

Demand and deposit liabilities – foreign IMF government general resource accounts

1,178,996

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