KENANGA ANNUAL REPORT 2019

169 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 7. FINANCIAL INVESTMENTS OTHER THAN THOSE MEASURED AT FVTPL Group and Bank 2019 RM’000 2018 RM’000 (a) Financial instruments at Fair Value Through Other Comprehensive Income (“FVOCI”): Debt instruments: Malaysian Government Securities 30,550 40,182 Malaysian Government Investment Certificates 72,649 195,055 Negotiable Instruments of Deposits - 50,000 Islamic Negotiable Instruments of Deposits 59,550 629,165 Islamic Corporate Sukuk 458,204 584,853 Corporate Bonds 173,040 160,667 793,993 1,659,922 Equity instruments: Unquoted Shares in Malaysia 1,088 1,754 Total financial instruments at FVOCI 795,081 1,661,676 Impairment losses on financial instruments subject to impairment assessment Debt instruments at FVOCI The table below shows the fair value of the Group’s and the Bank’s debt instruments measured at FVOCI by credit risk, based on the Group’s and the Bank’s internal credit rating system and year-end stage classification. Details of the Group’s and the Bank’s internal grading system are explained in Note 50(a). Group and Bank 2019 Internal rating grade Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Investment grade 793,993 - - 793,993 Group and Bank 2018 Internal rating grade Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Investment grade 1,659,922 - - 1,659,922