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)

22. Pension asset (continued) Funding

The Bank meets the balance of the cost of funding the defined benefit Pension Plan and must contribute at least 12% of members’ salaries to the Plan. The funding requirements are based on regular (at least every 3 years) actuarial valuations of the Plan and the assumptions used to determine the funding required may differ from those set out above. The Bank is expected to pay estimated pension contribution of $4.0 million (2025: $4.0 million) into the defined benefit plan during the 2026-2027 financial year. 23. Related party transactions and balances Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial or operational decisions. Related parties include the participating governments, board of directors, key management personnel, the ECCB pension fund and associates. Participating governments The receivables from and payables to participating governments arise mainly from the Bank carrying out one of its key roles as banker to participating governments as provided for in part nine (ix) of the ECCB Agreement Act 1983. The year-end balances arising from transacting with participating governments are as follows: 2026 $ 2025 $ Due from participating governments Participating governments’ securities (note 10) 228,096,453 210,361,927 Participating governments’ advances (note 11) 117,302,113 109,482,517

Due to participating governments (note 17) Participating governments’ operating accounts Participating governments’ call accounts Participating governments’ fixed deposits accounts Participating governments’ fiscal tranche I call accounts Participating governments’ fiscal reserve tranche II Participating governments’ sinking fund call accounts Participating governments’ drug service accounts Participating governments’ debt restructuring escrow accounts

222,042,970 207,829,513 163,913,713 115,465,174 88,243,499 24,641,464 9,735,597

88,598,094 114,688,108 132,451,513 43,368,156 50,895,328 13,391,199 7,209,376

93,306 91,473 Interest income earned on participating governments securities and advances during the year was $12,008,580 (2025: $10,389,352). These accounts carry interest rates of 3.0% to 4.5% (2025: 3.0% to 4.5%) during the year.

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