ECCB Prepares To Launch Regional Government Securities Market
Basseterre, St Kitts, October 21, 2002 The Eastern Caribbean Central Bank will dialogue with officials of the eight member governments, the media and the general public during October and November, in the count down to the launch of the Regional Government Securities Market (RGSM). Implementation of the Regional Government Securities Market will allow investors in each of the ECCU member countries to purchase securities from a pool of financial instruments offered by the eight ECCU member governments. The operations of the RGSM will be governed by an integrated market system, and harmonised rules and standards, which are expected to result in efficient and effective operations, and in the elimination of taxes on the purchase of government securities for all nationals of the sub-region. Discussions with officials from each of the member governments will focus on preparations for launching their country
