Government of the Republic of Trinidad and Tobago

MEDIA RELEASE – MINISTRY OF FINANCE SUCCESSFULLY RAISES US$750M ON THE INTERNATIONAL CAPITAL MARKET

The Minister of Finance, Hon. Colm Imbert, MP, is pleased to announce that following a nine (9) hour long virtual Roadshow yesterday (June 17th), where the Minister made a presentation on seven (7) occasions throughout the day to international investors on the Republic of Trinidad and Tobago, and fielded questions on the management of the economy of Trinidad and Tobago from fifty-three (53) of the most prestigious asset managers in the USA  and Europe, the Republic of Trinidad and Tobago successfully raised US$750 million on the international capital market today, without difficulty.

Yesterday’s Roadshow, which started at 8:00 am and went until 5:00 pm, virtually nonstop, involved intense scrutiny and questioning by international investors of the Minister of Finance on our credit rating, our country’s financial situation, diversification, revenue and expenditure, future prospects for oil and gas production, foreign exchange inflows and interventions, management of our exchange rate, foreign reserves, the Heritage and Stabilization Fund, environmental, social and governance issues, human development, climate change, political stability, democracy, procurement, accountability, the rule of law, among many other pertinent issues.