The government of St Vincent and the Grenadines will next month issue a ten year EC$30 million bond on the Eastern Caribbean Stock Exchange.
The government bond will be issued via a competitive uniform price auction using the ECSE Primary Market Platform, and the bidding will take place between 9am and 2pm on Monday 9th August, the exchange has announced.
The minimum bid amount has been set at EC$5,000 and the maximum yield offered is 7.00%.
Persons wishing to invest in this Government Bond and other upcoming issues are advised to contact a licensed broker dealer in their jurisdiction.
The ECSE, based in St Kitts, was established by the Eastern Caribbean Central Bank and is designed to facilitate the trading of corporate and government securities from the eight ECCB countries, namely Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.
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