One of the objectives of this particular effort is also to broaden the investor base for the Regional Government Securities Market (RGSM), a major component of the Eastern Caribbean Securities Market. The RGSM, now in its 18th year, has allowed governments to raise almost $ billion, delivering significant fiscal savings in the process.
Scope for Growth of RGSM The RGSM, which forms part of the capital market in the ECCU, is indicative of the benefits that can be derived from our Single Financial Space: a) A country with a small population like Dominica of 72,000 persons can expand its potential investor base to nearly 630,000 across the ECCU.