142 / 174
128
ECCB ANNUAL REPORT 2016/2017
EASTERN CARIBBEAN CENTRAL BANK
NOTES TO THE FINANCIAL STATEMENTS
(expressed in Eastern Caribbean dollars)
March 31, 2017
Eastern Caribbean Central Bank
Notes to the Financial Statements
March 31, 2017
(expressed in Eastern Caribbean dollars)
8. Available-for-sale investment securities
…continued
Gains less losses from investment securities comprise:
2017
$
2016
$
Net realised gains from disposal of available-for-sale financial
assets
827,468
3,314,912
9.
Loans and receivables: Participating governments’ securities
a) P
articipating governments’ securities: Debentures
Nominal
value
2017
$
Amortised
cost
2017
$
Nominal
value
2016
$
Amortised
cost
2016
$
Government of Antigua and Barbuda
9% Debentures maturing 2018
1,715,157
1,715,157
2,572,736
2,572,736
3.5% Debenture maturing 2027
69,935,882 69,935,882
75,077,485 75,077,485
71,651,039 71,651,039
77,650,221 77,650,221
Interest receivable
-
1,683,300
-
1,828,990
Total participating governments’
securities: Debentures
71,651,039 73,334,339
77,650,221 79,479,211
The Government of Antigua and Barbuda 15
-
year 3.5% treasury bond maturing in 2027 arose as a result
of the liquidity support extended to Bank of Antigua Limited under emergency powers exercised by the
Eastern Caribbean Central Bank on February 20, 2009.