Eastern Caribbean Central Bank 2024-2025 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2025 (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

2025

2024

$

$

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

177,342,273 221,761,007 84,657,592 90,180,000 55,130,894 629,071,766 -

Aa1 Aa2 Aa3 A1 AA+

462,386

A+

560,988,600

Unrated

2025

2024

$

$

27,000,000

Term deposits

98,731,257

Total rated and unrated money market instruments And money at call

587,988,600

727,803,023

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 2025 and 2024, the Bank did not grant any advances to commercial banks; hence, there was no collateral pledged with the ECCB.

49