25^th October 1996

The Regional Debt Coordinating Committee (RDCC) was established by the Monetary Council

24^th November 2000

The Eastern Caribbean Securities Regulatory Commission (ECSRC) was established.

October 2001

Four financial entities were licensed to be broker dealers:

ABI Bank, Bank of Nevis, Bank of Saint Lucia, National Commercial Bank of St Vincent.

April 2002

Two more financial institutions became licensed broker dealers:

Antigua Commercial Bank and St Kitts Nevis Anguilla National Bank.

July 2002

The Government of St Kitts & Nevis conducted a road show across the ECCU, in collaboration with the ECSE and the fiscal agent.

23^rd -24^th November 2002

The first auction was held on the RGSM.  Government of St Kitts and Nevis 10-year bond of EC$75m with a fixed price of 7.5%.

December 2002

National Mortgage and Finance Company (NMFC) of Dominica became the seventh licensed broker.

March 2003

FINCOR based in Grenada became the eight licensed broker dealer

26^th March 2003

The first 91-day Treasury bill issued on the market was by the Government of St Vincent and the Grenadines.  This was the second Government to issue on the RGSM.

29^th April 2003

Signing of the administrative procedures between RDCC and ECSRC.

16^th July 2003

The first 365-day treasury bill issued on the RGSM was by the Government of Grenada. Grenada became the third Government to issue on the RGSM.

31^st December 2003

Eleven (11) auctions were recorded on the RGSM in 2003. All were Treasury Bills.

19^th January 2004

Saint Lucia became the fourth Government to issue on the RGSM.

23^rd July 2004

First 5-year bond issued – Government of Saint Lucia.

25^th November 2004

First 6-year bond issued – Government of Saint Lucia

31^st December 2004

Eighteen (18) auctions recorded on the RGSM in 2004 – 13 Treasury Bills and 5 bonds

January 2005

Caribbean Money market Brokers (CMMB (based in Trinidad & Tobago) became the ninth licensed broker on the RGSM.

3^rd February 2005

Lowest interest rate recorded on the RGSM to date – 3.90% for the Government of Saint Lucia, 91-day treasury bill.

July 2005

National Bank of Anguilla was the tenth broker to join the RGSM.

CMMB opened a branch in Saint Lucia.

28^th October 2005

One billion dollars was raised on the RGSM

31^st December 2005

Eighteen (18) auctions recorded on the RGSM in 2005 – 16 Treasury Bills and 2 bonds