7 News Belize

US Dollar T-Notes Under-subscribed
posted (July 29, 2020)
Speaking on matters of public finance, the Prime Minister today disclosed that Government's US dollar denominated treasury notes haven't sold as well as expected.

The US$30 million dollars offering was launched on June fifth, but only 20 million dollars has been bought up. The PM explained today:

Rt. Hon Dean Barrow- Prime Minister
"Certainly, not the entirety of the $30 million has been subscribed but there is still continuing interest. I don't know that I am telling tales out of school when I reveal that the Government of Taiwan through the embassy has expressed an interest. I don't know if ultimately they will take up any of the balance of the option that is still available but that is a source of interest and there are others."

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