Eastern Caribbean Central Bank
Notes to Consolidated Financial Statements
March 31, 2015
(expressed in Eastern Caribbean dollars)
48
3. Financial risk management
…
continued
e) Liquidity risk
…continued
Derivative cash flows
The following table shows the derivative financial instruments (forward contracts)
that will be
settled on a gross basis into relevant maturity groupings based on the remaining period at the
statement of financial position date to the contractual maturity date. The amounts disclosed in the
table are contractual undiscounted cash flows.
At March 31, 2015
0-3
months
3-6
months
Total
Derivatives held for trading (forward contracts)
Foreign exchange derivatives
- Outflow
(54,816,169)
–
(54,816,169)
- Inflow
148,731,690
–
148,731,690
At March 31, 2014
0-3
months
3-6
months
Total
Derivatives held for trading (forward contracts)
Foreign exchange derivatives
- Outflow
(132,561,575)
–
(132,561,575)
- Inflow
54,438,735
–
54,438,735
ECCB
ANNUAL REPORT 2014/2015
89
EASTERN CARIBBEAN CENTRAL BANK
3.
Financial risk management
…continued
e) Liquidity risk
…continued
Derivative cash flows
The following table shows the derivative financial instruments (forward contracts) that will be settled
on a gross basis into relevant maturity groupings based on the remaining period at the statement
of financial position date to the contractual maturity date. The amounts disclosed in the table are
contractual undiscounted cash flows.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(expressed in Eastern Caribbean dollars)
March 31, 2015
