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 6^th 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