The Trinidad and Tobago Mortgage Finance Company Limited (TTMF) proposes to raise TT$500,000,000.00 through the issue of a 15-year bond with a 7% fixed coupon rate. The bond will be issued in one tranche on September 29, 2009.
Below is an excerpt of the 2010 budget as it relates to Housing.
"Mr. Speaker, the Government’s vision for the housing sector in Trinidad and Tobago is to provide adequate and affordable housing for all citizens by the year 2020. Shelter is a basic human need,and the provision of affordable housing is an imperative for any responsible government.