Turks and Caicos Islands

House of Lords written question – answered on 23rd June 2014.

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Photo of Lord Ashcroft Lord Ashcroft Conservative

To ask Her Majesty’s Government whether they will place in the Library of the House the bond document of the loan that they have guaranteed for the Turks and Caicos Islands.

Photo of Baroness Northover Baroness Northover Lords Spokesperson (Women & Equalities), Baroness in Waiting (HM Household) (Whip), Lords Spokesperson (Department for International Development)

The TCI Government issued US$170 million of bonds in 2011 under the terms of an Offering Memorandum. This was guaranteed by DFID. It would not be appropriate for her Majesty’s Government to place a Turks and Caicos Islands Government document in the Library of the House. A copy might be requested, however, from the Turks and Caicos Islands Government.

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