Government of Antigua and Barbuda’s 365-day Treasury bill Issue

ECSE:  

The Government of Antigua and Barbuda’s 365-day Treasury bill issue, auctioned on the Regional Government Securities Market using the primary market platform of the Eastern Caribbean Securities Exchange (ECSE), raised $25.0 million.

Three licensed intermediaries placed a total of 17 bids, ranging from $10,000.00 to $15.0 million, with an aggregate value of $35.7 million. A competitive uniform price auction methodology was used and the resulting discount rate was 3.98464 per cent.

The brokerage firms of the Bank of Saint Lucia Ltd, First Citizens Investment Services Limited and the St Kitts Nevis and Anguilla National Bank Ltd participated in this auction.

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