Government to auction EC$15 million 91-day treasury bill

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Ministry of Finance, Financial Complex, Saint George’s

The Government of Grenada will be auctioning EC$15 million 91-day treasury bill on the Regional Government Securities Market (RGSM) to be traded on the Eastern Caribbean Securities Exchange (ECSE). 

The auction will take place on Friday, 7 September 2018 from 9 am to noon. The trading symbol of the treasury bill is GDB101218 and the maximum coupon rate is 4%. This will be a reissue of the 91-day treasury bill with trading symbol GDB060918 that was issued on 7 June 2018. A competitive uniform price auction will be used for this and all issues on the RGSM.

Investors desirous of participating in the auction are required to do so through the services of licensed brokers that are members of the ECSE. A list of these brokers and their contact information is available on the ECSE website http://www.ecseonline.com/contact_details.php

For more information about the issue please contact the Debt Management Unit of The Ministry of Finance, Planning, Economic, and Physical Development at 473-440-7005 or 473-435-8915 or email [email protected]

Further details about this issue as well as the 2018 issuance calendar are available at http://www.ecseonline.com/cal_issues.php and http://finance.gd/docs/GovernmentofGrenadaProspectus2018.pdf.

Ministry of Finance

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