MINISTRY OF FINANCE AND ENERGY

GRENADA

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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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   337 CARIBBEAN EXPORT DEVELOPMENT AGENCY

 

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      335 LAST CALL FOR TAXPAYERS TO FILE AND PAY TAXES

 

   334 IRD EXTENDS OPERATING HOURS

 

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     332 GRENADA TO HOST OECS DATA DISSEMINATION WORKSHOP

 

     331 EC$ 15 MILLION 91-DAY TREASURY BILL

 

     330 MINISTRY OF FINANCE CORRECTS FAKE NEWS ON BOND ISSUE

 

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  328 NATIONAL OZONE UNIT HOSTS NATIONAL CONSULTATION FOR STAKEHOLDERS - REFRIGERATION AND...

 

  327 REQUEST FOR PENSION CERTIFICATE

 

  326 GRENADA HOSTS REGIONAL SECURITY FOR AUTOMATIC EXCHANGE OF ...

 

  325 RENEWAL OF ANNUAL LICENCES 2018

 

  324 GENERAL NOTICE

 

  323 TAXES DUE FOR JANUARY 2018

 

  322 RENEWAL OF ANNUAL LICENCES 2018

 

  321 GREEN CLIMATE FUND MISSION TO GRENADA

 

  320 BOARD OF SURVEY- TUESDAY JANUARY 2nd, 2018

 

  319 SUBMISSION OF GOVERNMENT OF GRENADA PENSION LIFE CERTIFICATE

 

    318 TAXES DUE FOR DECEMBER, 2017

 

    317 TAXES DUE FOR DECEMBER, 2017

 

  316 STATEMENT FROM THE MINISTRY OF FINANCE IN RESPONSE TO EU BLACKLISTING OF COUNTRIES

 

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

 

    314 "SEED" PAYMENT SCHEDULE FOR DECEMBER 2017

 

  313 KITE FLYING - A MAJOR ISSUE FOR LIDAR TOPOGRAPHICAL SURVEY

 

  312 GRENADA SECURES ADDITIONAL US $58 MILLION IN DEBT REDUCTION

 

    311 CUSTOMS APPEALS COMMISSION ESTABLISHED

 

 

  310 BUDGET PRESENTATION 2018

 

 

  309 GREEN CLIMATE FUND APPROVES READINESS AND PREPARATORY SUPPORT PROGRAMME FOR GRENADA

 

 

  308 GOVERNMENT OF GRENADA RECEIVED XCD $4.36 MILLION DOLLARS FROM THE EUROPEAN UNION

 

 

  307 2017 LABOUR FORCE SURVEY COMMENCES

 

 

  306 TAXES DUE FOR SEPTEMBER, 2017

  

 

    

 

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