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)

5. Balances with other central banks and foreign banks

2024 $

2023 $

Balances with other central banks Balances with Regional central banks Balances with European central banks Balances with North American central banks Total balances with other central banks

140,300 217,765 821,277

16,532,299 264,346 1,017,358 17,814,003

1,179,342

Balances with foreign banks Current accounts denominated in United States dollars

44,863

1,020,689

Current

1,224,205

18,834,692

These balances are non-interest bearing.

6. Money market instruments and money at call By currency

2024 $

2023 $

727,803,023 1,656,189

Balances denominated in United States dollars

1,123,775,129

Interest receivable

1,430,217

Total money market instruments and money at call

729,459,212

1,125,205,346

(8,143)

Less: allowance for impairment

(12,437)

Total money market instruments and money at call, net

729,451,069

1,125,192,909

By financial instrument type Money market instruments with original maturities of 90 days or less:

2024 $

2023 $

582,492,129

Term deposits Commercial paper Money at call

597,634,921 160,502,437 271,772,228

-

145,310,894

727,803,023

Included in cash and cash equivalents (note 25)

1,029,909,586

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