9 Interest Income

	June 30, 2023	June 30, 2022
Interest on loans measured at AC	212,313	141,582
Interest on collateral delivered	5,937	-
Interest income related to banks1	7,394	-
Interest on interest-bearing securities	3,159	1,199
Total interest income from financial instruments measured at AC	228,803	142,781
Interest on loans measured at FVPL	22,465	20,035
Interest on short-term deposits	12,758	1,057
Interest on derivatives related to asset portfolio	-7,307	-21,568
Total interest income from financial instruments measured at FVPL	27,916	-476
Total interest income	256,719	142,305

Interest income increased during the current financial period due to increases in interest rates on FMO's variable rate loan portfolio. This is driven by increases in the reference rates observed in the market.

1 _{Interest income as a result of interest rates on central bank deposits being positive during the current financial period.}