MINISTRY OF FINANCE AND ENERGY

GRENADA

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NO. 89/2018     DATE: 2nd March, 2018

 

EC$ 15 MILLION 91-DAY TREASURY BILL

 

 

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 6th March 2018 from 9:00 AM to 12:00 noon.

 

The trading symbol of the Treasury Bill is GDB060618 and the maximum coupon rate is 4%.  This issue will be the first of three 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 is 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

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