Trinidad and Tobago’s recent financial roadshow to the United States , headed by Finance Minister Colm Imbert, is being hailed as a success after being oversubscribed in excess of $3.5 billion.
Secretary of Finance and Enterprise Development Joel Jack is pleased with the result of the roadshow, which he said will fund Tobago’s development projects, as well as Trinidad’s, in the next fiscal year.
The Secretary said the pricing is reflective of investor confidence in Central Government’s management of the economy.
The ten-year bond launched by the Government is its first international bond issue in three years.
The roadshow team that travelled to New York and Los Angeles in the US also included adviser to the Minister of Finance Ewart Williams, the acting Permanent Secretary in the Ministry of Finance and the Central Bank Senior Manager (Operations).
Another team traveled to Boston and London.