Trinidad and Tobago secures US$800 million bond issue with strong investor demand

Trinidad and Tobago has secured a significant financial boost with the successful issuance of an US$800 million Sovereign Bond in the United States market. The bond was met with overwhelming demand, being oversubscribed by approximately 400%, marking the largest oversubscription for the nation since its first benchmark-size bond in 2013.

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This bond has repriced Trinidad and Tobago’s yield curve and is a clear reflection of investor confidence in the country’s credit story which was presented by a Government team during a two-day roadshow this week.

The Ministry of Finance announced the "exceptional outcome" with a coupon rate of 6.20%, achieving a negative new issue concession. This means investors required no additional cost incentive to invest, signaling strong market confidence in Trinidad and Tobago's sovereign credit. The ministry stated that this bond has effectively repriced the country's yield curve.

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This bond has repriced Trinidad and Tobago’s yield curve and is a clear reflection of investor confidence in the country’s credit story which was presented by a Government team during a two-day roadshow this week.

A government team, including Minister of Finance Davnedranath Tancoo, Minister of Energy Dr. Roodal Moonilal, and Central Bank Governor Larry Howai, led a two-day roadshow to present the country's credit story. The transaction attracted over 150 high-quality investors from the United States, United Kingdom, Europe, and the Caribbean, with significant participation from local institutional investors.

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This bond has repriced Trinidad and Tobago’s yield curve and is a clear reflection of investor confidence in the country’s credit story which was presented by a Government team during a two-day roadshow this week.

This successful execution follows an extensive investor engagement program, including the country's first Non-deal Roadshow in Washington, D.C., in April 2026. This initiative updated the investor community on fiscal performance, energy and non-energy sector developments, and government policy initiatives. Minister Tancoo highlighted the renewed international confidence as a direct result of the current government's policy direction, emphasizing a focus on expanding the non-energy sector while revitalizing the energy sector for a more balanced economic outlook.

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This bond has repriced Trinidad and Tobago’s yield curve and is a clear reflection of investor confidence in the country’s credit story which was presented by a Government team during a two-day roadshow this week.