Government of Saint Lucia’s 180-day Treasury bill Issue

ECSE:  

The Government of Saint Lucia’s 180-day Treasury bill issue, auctioned on the Regional Government Securities Market using the primary market platform of the Eastern Caribbean Securities Exchange (ECSE), raised $30.0 million.
Four licensed intermediaries placed a total of 19 bids, ranging from $5,000 to $8.5 million, with an aggregate value of $33.1 million. A competitive uniform price auction methodology was used and the resulting discount rate was 3.44061 per cent. Bank of Saint Lucia Limited, Bank of St Vincent and the Grenadines Limited, First Citizens Investment Services Limited and Grenada Co-operative Bank Limited were the brokers that participated in this auction.

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