Phone: (473) 440-2101    Mail: info@tradegrenada.gd

05 Dec 2017
The Government of Grenada is reaping positive results on the Regional Government Securities Market (RGSM) due to increased investor confidence. On November 29, 2017, the Government issued an EC$20.00 million, 365 day ‘Treasury Bill’, which was oversubscribed by EC$18.19 million at a reduced interest rate of 3.0%. Additionally, an EC$15 million 91 day Bill, was issued on 1st December, 2017; which was also oversubscribed to the tune of EC$30.37 million at an even lower interest rate of 2.5%. Due to the high demand by investors both securities were competitively auctioned resulting in 17 bids for the 365 day ‘Bill’ and 21 bids for the 91 day ‘Bill’. These successful auctions are…
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08 Dec 2017
ST. GEORGE, GRENADA, DEC. 08, 2017 - The Government of Grenada is undertaking a major initiative in the St. Patrick area, which is expected to decrease the unemployment rate in that parish and, by extension, Grenada.   Making his contribution to the 2018 budget on Nov. 30, the Parliamentary Representative for St. Patrick West, Hon. Anthony Boatswain, said the development is expected to bring real benefits to young people in Grenada. “This Government has taken the bold decision to purchase a three-storey furniture factory building, owned by the Mc Leish family and mortgaged to the Grenada Development Bank, and it has been…
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