14-Feb-2011
The auction of the National Insurance Property Development Company Limited (NIPDEC) $500 million 18-year 6.25% bond issued on March 19, 2010 has been oversubscribed, with the total bids received amounting to TT$622.128 million.
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Recent data released by the Central Statistical Office indicate that headline inflation
slowed markedly to 11.7 per cent in the twelve months to January 2009 from 14.5 per cent in
December 2008 and from a high of 15.4 per cent in September 2008.
14-Feb-2011
Bond issued on April 20, 2010 has been oversubscribed with the total bids received amounting to TT$1,216.710 Million.
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The Government of the Republic of Trinidad and Tobago proposes to raise TT$1,000 million or such greater amount as it may determine up to a maximum of TT$1,500 million, through the issue of 15 year bonds with a coupon rate of 7.75% per annum.
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The Central Statistical Office show inflation continued on a downward trend for the fourth consecutive month. Headline Inflation, measured by the 12-month increase in the Index of Retail prices, fell to 4.3 per cent in August 2009 from 5.9 per cent in the previous month and from 11.6 per cent at the start of the year.
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The latest information released by the Central Statistical Office indicates that the upward trend in inflation continued for a fifth consecutive month.
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The Central Statistical Office show a moderate increase in the domestic inflation rate. Headline inflation, measured by the 12-month increase in the Index of Retail Prices, rose to 11.9 Per Cent in April 2009 from 11.3 Per Cent in March.
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The Central Bank of Trinidad and Tobago will be hosting a Public Consultation on the Draft Insurance Bill, 2009 and accompanying Regulations on Thursday 10th December from 8:30 am to 1:00 pm at the Ballroom, Hilton Trinidad & Conference Centre, Port of Spain.
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TTMF Results of Bond Auction.
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In its ‘Repo’ Rate release of November 26, 2010, which provided inflation data for October 2010, the Central Bank indicated that the ‘Repo’ Rate announcement with inflation data for November was...
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