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Federal Deposit Insurance Corporation

Division of Supervision

550 17th Street NW, Washington, DC 20429

Special Alert
FIL-65-98
June 11, 1998
TO:

CHIEF EXECUTIVE OFFICER

SUBJECT:

Letter of Guarantee Instruments

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The Office of the Comptroller of the Currency has advised us that it has received inquiries
regarding Letter of Guarantee instruments aggregating $130 million (U.S.) issued by the
Government of Grenada, W. I. The authenticity of the instruments is questionable. Prior to
accepting any such instruments, the instruments should be verified with the Government of
Grenada to ensure that they are originals. A copy of one such instrument is attached.

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Any information concerning these instruments may be forwarded to FDIC's Special Activities
Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429.
Nicholas J. Ketcha Jr.
Director

Attachment:

http://www.occ.gov/altlst98.htm

Distribution: FDIC-Supervised Banks (Commercial and Savings)

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NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's
Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-2766003 or (703) 562-2200).