MINISTRY OF FINANCE AND ENERGY

GRENADA

NO. 78/2017                       DATE: 05th December, 2017

 

INCREASED INVESTOR CONFIDENCE IN GRENADA LEADS TO OVER-SUBSCRIPTION OF EC$48.56 MILLION IN TREASURY BILLS

 

The Government of Grenada is reaping positive results on the Regional Government Securities Market (RGSM) due to increased investor confidence.

On November 29, 2017, the Government issued an EC$20.00 million, 365 day ‘Treasury Bill’, which was oversubscribed by EC$18.19 million at a reduced interest rate of 3.0%.

Additionally, an EC$15 million 91 day Bill, was issued on 1st December, 2017; which was also oversubscribed to the tune of EC$30.37 million at an even lower interest rate of 2.5%.

Due to the high demand by investors both securities were competitively auctioned resulting in 17 bids for the 365 day ‘Bill’ and 21 bids for the 91 day ‘Bill’.

 

These successful auctions are a direct result of local, regional and international confidence in the management of Grenada’s finances, as a consequence of the just completed, Home Grown Structural Adjustment Program, undertaken by the Government of Grenada.

   

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  307 2017 LABOUR FORCE SURVEY COMMENCES

 

 

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  302 FISCAL RESPONSIBILITY OVERSIGHT COMMITTEE

 

 

    301 TAX AMNESTY DEADLINE

 

 

    300 GRENADA TO HOST REGIONAL TRAIN-THE-TRAINERS WORKSHOP...

 

 

  299 PETROLEUM PRODUCTS PRICE CHANGE NOTICE

 

 

 

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  297 SUBMISSION OF GOVERNMENT PENSION LIFE CERTIFICATES

 

 

 

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    295 NATIONAL STRATEGY FOR THE DEVELOPMENT OF STATISTICS (NSDS) ...

 

 

 

 

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    293 ST. JOHN’S DISTRICT REVENUE OFFICE MOVING BACK TO REVENUE BUILDING

 

 

 

    292 ANNUAL STAMP TAX FILING AMNESTY IS ON AT THE INLAND REVENUE DIVISION

 

 

 

  291 ADJUSTMENT TO PETROLEUM PRICES FOR JUNE 2017

 

 

 

    290 NEW LOOK FOR GOVERNMENT TREASURY RECEIPTS

 

 

 

    289 TAXES DUE FOR JUNE 2017

 

 

 

    288 TAX CARAVAN COMING YOUR WAY ON SATURDAY JUNE 3RD, 2017

 

 

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      266 NON-BANK FINANCIAL SECTOR UPDATED ON THE PERFORMANCE OF THE ECONOMY

 

 

 

     265 GRENADA RECEIVES GRANT FOR GEOTHERMAL ENERGY DEVELOPMENT

 

 

 

     264 ONLY A FEW DAYS REMAINING TO FILE AND PAY TAXES DUE ON MARCH 31ST 2017

 

 

 

     263 INLAND REVENUE OFFICERS ASSIGNED TO DISTRICT REVENUE OFFICES 263 INLAND REVENUE OFFICERS ASSIGNED TO DISTRICT REVENUE OFFICES

 

 

 

     262 BNTF MAINTENANCE MANAGEMENT TRAINING WORKSHOP (MMT)

 

 

 

     261 ADJUSTMENT TO PETROLEUM PRICES FOR MARCH 2017

 

 

     

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