期刊名称:Economic Bulletin / Central Bank of Trinidad and Tobago
印刷版ISSN:1011-6346
电子版ISSN:1818-0027
出版年度:2006
卷号:VIII
期号:1
页码:17-17
出版社:Central Bank of Trinidad and Tobago
摘要:There was little activity with respect to
placements on the primary bond market in the
first half of 2006. Preliminary data indicated
that there were 9 issues which raised a
combined total of TT$1.6 billion. Statutory
corporations accounted for one third of these
placements, which represented auctions by the
Water and Sewerage Authority (WASA), Urban
Development Company of Trinidad and Tobago
Limited (UDeCOTT) and the Housing
Development Corporation (HDC) with tenors of
10, 12 and 25 years respectively. These three
auctions accounted for in excess of TT$1.0
billion. This compared to 15 issues for the same
period of 2005 where in excess of TT$3.0 billion
was raised. Of the remaining six issues, five
represented placements by the private sector,
and one by a regional sovereign, the
Government of the Turks and Caicos Islands.
Two of the six bonds were US dollar
denominated and carried tenors ranging from
5 to 15 years. Bond yields continued to trend
upwards moving from 8 per cent in December
2005 to 8.75 per cent at the end of March 2006.