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Antigua & Barbuda To Issue Low-interest Bond To Tackle High Debt | RJR News - Jamaican News Online

Antigua & Barbuda to issue low-interest bond to tackle high debt

2:07 pm, Fri January 31, 2025

The Antigua & Barbuda government says it will soon issue a long-term bond with a low interest rate to pay outstanding short-term and high-interest debt.

Prime Minister Gaston Browne, speaking at the Latin America and the Caribbean International Economic Forum 2025, which ended on the island on Thursday, said debt has perennially strangled small island developing states.

Mr Browne said the initiative will help to create additional fiscal space to fund development and build climate resilience.

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