Guyana has earned US$36,169 in interest from the Bank of Guyana (BoG) on the US$18 million signature bonus lodged there in 2016 from the ExxonMobil Production Sharing Agreement (PSA).
Stabroek News understands that the Bank of Guyana has invested the money in a Bank of America (BofA) account in bonds and treasury notes, which mature in July of this year.
“If it stays here, it will sit down doing nothing. It can’t earn interest if it stays here, so it’s in matured US treasury bills, Canada bonds…,” Jordan told a press conference he held yesterday.
