General News - 12
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10/12/2012 |
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GRENADA TREASURY BILLS ON THE RGSM OVERSUBSCRIBED |
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ST. GEORGE’S, GRENADA Friday, October 12, 2012: The Government of Grenada wishes to advise that its most recent Treasury Bill Issue of EC$12.0 million of the Regional Government Securities Market (RGSM) has been oversubscribed by EC$0.4 million. The total bids amounted to EC$12.4 million at a final rate of 6%. Grenada will again approach the RGSM on October 17, 2012 with an EC$15.0 million 91-Day Treasury Bill Issue with a maximum bid price of 6%.
The Government of Grenada takes this opportunity to sincerely thank all of its local, regional and international investors for their confidence in the last Auction and look forward to their continued support in the upcoming T-Bill Issue.
Also, the Government would like to advise that today, October 12, 2012, within the 30 day grace period, it has completed payment of the semi-annual September coupon of its US dollar 2025 Bond through its Paying Agent, BNY Mellon.
The Government wishes to reiterate its commitment to continue to meet all of its obligations as and when they fall due on the RGSM. |
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