Government of St Vincent & the Grenadines $16M Treasury Bill Issue
Fully Subscribed

The Government of St Vincent & the Grenadines auctioned sixteen million Eastern Caribbean dollars ($16 million) in ninety-one day (91-day) Treasury bills, on the Regional Government Securities Market using the primary market platform of the Eastern Caribbean Securities Exchange (ECSE).

Licensed intermediaries placed a total of 6 bids, ranging from $25,000 to $13,830.000 with an aggregate value of $16,000,000.  A competitive uniform price methodology was used and the resulting discount rate was 5.82%.

The brokerage firms of Bank of St Lucia and National Commercial Bank (SVG) Ltd participated in this auction.