As reported before in early April a presentation was held by the CEO of the DCSX Mr. René Römer for the Council of Ministers of the Government of Curacao where amongst others the importance of the DCSX for the development of a more robust local capital market was discussed and explained.
The advantages of (partly) listing Government owned entities and /or Government Bonds on the local securities exchange were set forth.
Soon thereafter a follow up meeting was held with the Minister of Finance Mr. J. Jardim , Phd.,and the DCSX is happy and proud to announce that last May 15, 2014 the Curacao Government Bonds were officially listed on our exchange.
The listing has a total value of Ang 1.7 billion and brings the total value of listed bonds and of entities that have shares listed on the DCSX to around the Ang 5 billion.
The listing of these Government Bonds is an important step in the further development and maturing process of our young exchange and shows the realization by the Government of its importance.
A close and swift cooperation between representatives of the Listing Advisor Global Listing and Exchange Services (“GLEX”), an Amicorp Group affiliate, and of the Ministry of Finance of the Government of Curacao enabled a quick process of the relevant listing .
The DCSS looks forward to the next steps where the expectation is that some Government owned companies will albeit partly listed on our exchange.
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