ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

38 The table below summarises the Bank’s exposure to interest rate risks. It includes the Bank’s financial instruments, categorised by the earl ier of contractual repricing or maturity dates. As of March 31, 2015 Up to 1 month $ 1 to 3 months $ 3 months to 1 year $ 1 to 5 years $ Over 5 years $ Non- Interest bearing $ Total $ Financial assets Balances with other central banks - - - - - 13,034,602 13,034,602 Balances with foreign banks - - - - - 73,225 73,225 Money market instruments and money at call 1,061,675,137 228,443,559 67,441,586 - - - 1,357,560,282 Financial assets held for trading 2,781,551 1,714,100 - - - - 4,495,651 Available-for-sale - foreign investment securities 56,080,896 185,654,809 410,668,025 1,476,053,121 411,485,856 - 2,539,942,707 Balances with local banks 2,464,446 - - - - - 2,464,446 Due from local banks 9,572,418 - - - - - 9,572,418 Term deposits - domestic 1,124,762 1,828,287 8,069,603 - - - 11,022,652 Loans and receivables - participating governments’ securities - 10,993,296 3,740,000 3,430,314 82,062,340 - 100,225,950 Loans and receivables - participating governments’ advances 50,000,314 5,054,843 12,435,570 - - - 67,490,727 Accounts receivable 25,836 35,217 183,670 790,725 59,864 5,968,211 7,063,523 Available-for-sale - domestic investment securities - - - - - 421,686 421,686 1,183,725,360 433,724,111 502,538,454 1,480,274,160 493,608,060 19,497,724 4,113,367,869

(expressed in Eastern Caribbean dollars) March 31, 2015 Eastern Caribbean Central Bank Notes to Consolidated Financial Statements March 31, 2015 (expressed in Eastern Caribbean dollars) 3. Financial risk management … continued c) Market risk ...continued i) Interest rate risk … continued 3. Financial risk management …continued c) Market risk ...continued

i) Interest rate risk…continued The table below summarises the Bank’s exposure to interest rate risks. It includes the Bank’s financial instruments, categorised by the earlier of contractual repricing or maturity dates.

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ECCB ANNUAL REPORT 2014/2015