Grenada Retail Bond Empowers Citizens and Boosts Growth

The Government of Grenada unveiled a groundbreaking financial initiative this week, with the launch of the nation’s first Retail Bond Programme, designed to empower citizens and strengthen Grenada’s economic future.  

During a press conference, Minister for Finance Hon. Dennis Cornwall emphasised the government’s commitment to enhancing financial literacy and fostering inclusive investment opportunities for wealth creation.

“The Retail Bond is not for institutions — it’s for everyday Grenadians,” said Minister Cornwall. “This initiative provides a safe, tax-free investment backed by the full faith and credit of the Government of Grenada. It’s a practical step toward making wealth-building accessible to all.”  

The Retail Bond Programme aims to raise EC$5 million and is specifically tailored for individual investors. With a minimum investment of just $500, significantly lower than the traditional $5,000 threshold, the programme opens the door for first-time and small-scale investors to participate in national development while growing their personal wealth. Key features of the retail bond include:  

• A 2-year investment term
• Tax-free returns
• Accessibility for first-time and small-scale investors
• A valuable tool for building financial literacy and wealth

The initiative highlights the government’s broader vision of inclusive economic growth, citizen empowerment, and fostering a culture of financial responsibility among Grenadians.  

For more information on the Retail Bond Programme, interested individuals can contact the Ministry of Finance or visit the official government website, finance.gd.