Over 500 people interested in Grenada’s EC$5 million retail bond

Grenada has introduced a groundbreaking Retail Bond Programme designed to raise EC$5 million while making investment opportunities more accessible to its citizens. With a minimum investment threshold of EC$500—significantly lower than the traditional $5,000 requirement—the initiative aims to democratize wealth-building for first-time and small-scale investors. The government announced the programme on September 23, 2025, and within just eight days, over 500 individuals expressed interest in purchasing the bonds. Juletta Edinborough, a Fiscal Debt Specialist at the Eastern Caribbean Central Bank (ECCB), highlighted the remarkable response during the launch of Financial Information Month 2025, themed ‘Financial Investing: From Savers to Investors.’ Finance Minister Dennis Cornwall emphasized that the Retail Bond is tailored for everyday Grenadians, offering a safe, tax-free investment backed by the government. Key features of the bond include a two-year investment term, tax-free returns, and a focus on enhancing financial literacy. Interested individuals must pre-register through the Ministry of Finance’s website, with brokers engaging potential investors ahead of the auction scheduled for October 31. This initiative underscores Grenada’s commitment to inclusive economic growth and fostering a culture of financial responsibility.