ECCB 2025-2026 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2026 (Expressed in Eastern Caribbean dollars) 3. Financial risk management (continued) b) Credit risk (continued) (ii) Credit quality analysis (continued)

Investment securities and money market instruments and money at call (continued) Money market instruments and money at call

Rated (Moody’s and S&P) Commercial paper, certificate of deposits, term deposits and money at call

2026

2025

$

$

-

54,000,000 241,651,894 159,034,320 105,840,000 -

Aa1 Aa2 Aa3 A1 AA+

367,480,324 45,104,603 165,736,839 410,940,000 45,084,429 1,034,346,195

A+

462,386

560,988,600

Unrated

2026

2025

$

$

27,000,000

Term deposits

27,000,000

Total rated and unrated money market instruments And money at call

1,061,346,195

587,988,600

Participating governments advances Advances are based on Board approved credit allocation limits. Requests for advances by member governments are reviewed to ensure that the amounts are within the approved allocated limits. These approved limits are calculated and assigned to the governments annually. Due from local banks Advances are granted to commercial banks in accordance with Part VIII, Article 31(2) and Part IIa, Article 5B of the ECCB Agreement Act 1983. Under Part VIII, Article 31(2), the borrowing bank must pledge collateral with the Central Bank and can only borrow ninety per cent of the collateral amount pledged. As at 31 March 2026 and 2025, the Bank did not grant any advances to commercial banks; hence, there was no collateral pledged with the ECCB.

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