Grenada continues to attract very low yields on its short term debt instruments with the latest auction of a 91-day Treasury bill on the Regional Government Securities Market (RGSM) yielding an interest rate below 1.80 percent.<\/p>\n
For the first time in its history, the Government\u00a0of Grenada was able to attract a sub- 1.8 percent yield on the RGSM. On June 17, 2019, the Government re-issued an\u00a0EC$15.00 million, 91 Day Treasury Bill,\u00a0which was oversubscribed by EC$14.16\u00a0million at a cutoff yield of 1.7500%.<\/p>\n
This is the lowest yield in the region for the year. On March 14, 2019, Grenada also attained a low yield of 1.900% on its 91 Day Treasury Build Issuance.<\/p>\n
This is a clear indication of investors\u2019 interest in the secure investment and attractive climate that now exists in the tri-island state.<\/p>\n
The securities were competitively auctioned and reflected increases in demand by investors. This resulted in a total of $29.16 million in bids, an oversubscription of $14.16 million. Three licensed brokers placed a total of 16 bids.<\/p>\n
The successful auction and the continuous low yields of Government of Grenada\u2019s Treasury bills are a direct result of local, regional and international confidence in the management of Grenada\u2019s\u00a0finances and the perception of prudent financial management and consistently reduced risk of investing in Grenada.<\/p>\n","protected":false},"excerpt":{"rendered":"
Grenada continues to attract very low yields on its short term debt instruments with the latest auction of a 91-day Treasury bill on the Regional Government Securities Market (RGSM) yielding an interest rate below 1.80 […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[179],"class_list":{"0":"post-3925","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-government-news","7":"tag-music"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"adminrfm","author_link":"https:\/\/drealfmgrenada.com\/index.php\/author\/adminrfm\/"},"rttpg_comment":0,"rttpg_category":"Government News<\/a>","rttpg_excerpt":"Grenada continues to attract very low yields on its short term debt instruments with the latest auction of a 91-day Treasury bill on the Regional Government Securities Market (RGSM) yielding an interest rate below 1.80 [...]","_links":{"self":[{"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/posts\/3925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/comments?post=3925"}],"version-history":[{"count":1,"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/posts\/3925\/revisions"}],"predecessor-version":[{"id":3926,"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/posts\/3925\/revisions\/3926"}],"wp:attachment":[{"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/media?parent=3925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/categories?post=3925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drealfmgrenada.com\/index.php\/wp-json\/wp\/v2\/tags?post=3925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}