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 (continued)

31 March 2023

Level 1

Level 2

Level 3

Total fair values Total carrying amount

$

$

$

$

$

Financial assets Balances with other central banks Balances with foreign banks Cash and balances with local banks Participating governments’ securities Participating governments’ advances Money market instruments and money at call

- - - - - - -

17,814,003 1,020,689 870,824,928

- - - -

17,814,003 1,020,689 870,824,928

17,814,003 1,020,689 870,824,928

1,150,207

1,150,207

1,150,207

- - -

225,602,673 152,201,810

225,602,673 152,201,810

225,602,673 152,201,810

Accounts receivable

3,995,102

3,995,102

3,995,102

Financial liabilities Demand and deposit liabilities – domestic

- - - -

5,680,620,668

- - - -

5,680,620,668

5,680,620,668

Lease liabilities

2,918,573 72,055,416 1,176,613

2,918,573 72,055,416 1,176,613

2,918,573 72,055,416 1,176,613

Demand and deposit liabilities – foreign IMF government general resource accounts

76