(Jamaica) Limited - FirstCaribbean International Bank

notes to the Financial Statements
Year Ended 31 October 2009
(Expressed in Jamaican dollars unless otherwise indicated)
35. Financial Risk Management (Continued)
(h) Cash flow and fair value Interest rate risk (continued)
Average effective yields by the earlier of the contractual re-pricing or maturity dates:
The Group
2009
Immediately
Rate Within 3 3 to 12 1 to 5 Over 5
Sensitive Months Months Years Years Total
% % % % % %
Cash and balances with Central Bank – 11.94 17.31 – – 8.42
Due from other banks 0.11 5.23 3.71 – – 4.33
Investment securities (1) – – 17.21 19.30 – 23.05
Government securities
under reverse
repurchase agreements – 20.89 21.19 – - 21.04
Loans to customers (2) 45.00 11.20 11.80 10.79 10.35 11.50
Customer deposits (3) 2.45 5.06 3.85 9.56 8.60 3.25
The Group
2008
Immediately
Rate Within 3 3 to 12 1 to 5 Over 5
Sensitive Months Months Years Years Total
% % % % % %
Cash and balances with Central Bank 8.29 8.22 19.21 – – 11.08
Due from other banks – 5.12 3.03 – – 5.57
Investment securities (1) – 17.35 15.54 14.88 14.63 16.80
Government securities
under reverse
repurchase agreements – 14.52 14.70 – – 14.64
Loans to customers (2) 33.29 10.37 8.13 14.69 10.33 12.62
Customer deposits (3) 0.94 4.57 5.58 9.71 9.60 4.94
(1)
Yields are based on book values and contractual interest rates adjusted for amortisation of premiums and
discounts.
(2)
Yields are based on book values, net of allowance for credit losses and contractual interest rates.
(3)
Yields are based on contractual interest rates.
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