Eastern Caribbean Central Bank
Notes to Consolidated Financial Statements
March 31, 2015
(expressed in Eastern Caribbean dollars)
76
19. Financial liabilities held for trading
The following is an analysis of the currency forwards held with negative fair value as of March 31,
2015:
Currency
sold/
purchased
Notional value
of contracts
Notional value
of contracts
EC$ equivalent Value date of contracts
Fair value of
contracts
$
USD
20,255,006
54,688,517
April 01 & 21, 2015
1,565,173
GBP
24,000
94,764
April 29, 2015
982
CAD
15,600
32,888
April 29, 2015
72
54,816,169
1,566,227
Current
1,566,227
The following is an analysis of the currency forwards held with negative fair value as of March 31,
2014:
Currency
sold/
purchased
Notional value
of contracts
Notional value
of contracts
EC$ equivalent Value date of contracts
Fair value of
contracts
$
AUD
39,450,400
94,788,764
April 22, May 01 and June
6, 2014
3,568,974
CAD
247,000
593,535
May 02, 2014
9,885
NZD
8,323,000
19,017,914
June 06, 2014
446,254
EUR
4,213,100
15,529,512
April 22 and May 02, 2014
157,123
GBP
590,300
2,625,762
May 02, 2014
25,689
CHF
2,000
6,088
May 02, 2014
18
132,561,575
4,207,943
Current
4,207,943
Eastern Caribbea Central Bank
Notes to Consolidated Financial Statements
March 31, 2015
(expressed in Eastern Caribbean dollars)
76
19. Financial liabilities held for trading
The following is an analysis of the currency forwards held with negative fair value as of March 31,
2015:
Currency
sold/
purchased
Notional value
of contracts
Notional value
of contracts
EC$ equivalent Value date of contracts
Fair value of
contracts
$
USD
20,255,006
54,688,517
pril 01 & 21, 2015
1,565,173
GBP
24,000
94,764
pril 29, 2015
982
CAD
15,600
32,888
April 29, 2015
72
54,816,169
1,566,227
Current
1,566,227
The following is an analysis of the currency forwards held with negative fair value as of March 31,
2014:
Currency
sold/
purchased
Notional value
of contracts
Notional value
of contracts
EC$ equivalent Value date of contracts
Fair value of
contracts
$
AU
39,450,400
94,788,764
April 22, May 01 and June
6, 2014
3,568,974
CA
247,000
593,535
May 02, 2014
9,885
NZD
8,323,000
19,017,914
June 06, 2014
446,254
EUR
4,213,100
15,529,512
April 22 and May 02, 2014
157,123
GBP
590,300
2,625,762
ay 02, 2014
25,689
CHF
2,000
6,088
May 02, 2014
18
132,561,575
4,207,943
Current
4,207,943
ECCB
ANNUAL REPORT 2014/2015
117
EASTERN CARIBBEAN CENTRAL BANK
19.
i
i l li iliti s l
i
he following is an analysis of the currency forwards held with negative fair value as of March 31, 2015:
he fol o ing is an analysi of the currency forwards held with negative fair v lue s of March 31, 2014:
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(expressed in Eastern Caribbean dollars)
March 31, 2015
