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 Tuesday, 6 March 2018 from 9 am to noon.
The trading symbol of the Treasury Bill is GDB060618, and the maximum coupon rate is 4%. This issue will be the first of 3 issues of EC$15 million 91-Day Treasury Bills on the RGSM for this fiscal year. A competitive uniform price auction will be used for all issues on the RGSM. Further details about the issues as well as the 2018 issuance calendar are available at http://www.ecseonline.com/cal_issues.php and http://finance.gd/docs/GovernmentofGrenadaProspectus2018.pdf
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 intermediaries and their contact information are available on the ECSE website http://www.ecseonline.com/contact_details.php
Ministry of Finance
