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Market News

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Treasury bill auction to take place a day early

The Government of Antigua and Barbuda’s monthly auction of EC$17 million in 91-day treasury bills has been brought forward by one day to 21 December 2006, with settlement and issuance taking place on 22 December 2006.

The auction was previously scheduled for Friday 22 December with settlement taking place on the following business day, Wednesday 27 December.  The reason for bringing the auction date forward is that it avoids inconvenience to investors who would otherwise have had their money held over the long weekend awaiting settlement on Wednesday 27 December.