FAQs

Banker and Advisor to Government

How has the National Debt changed over the past few years?

At end-December 2014, the Bahamas National Debt was estimated at $6,301.6 million, including Direct Charge of $5,602.2 million and Contingent Liabilities of $699.4 million. Historical figures for Direct Charge, Contingent Liabilities and the overall National Debt are indicated below, in millions of Bahamian dollars:

Year Direct Charge Contingent Liabilities National Debt
1987 527.9 78.7 606.6
1988 574.4 86.5 660.9
1989 670.3 117.4 787.6
1990 773.2 146.0 919.2
1991 870.5 303.9 1,174.4
1992 952.4 342.1 1,294.5
1993 1,064.7 350.9 1,415.6
1994 1,136.3 342.7 1,479.0
1995 1,165.8 329.0 1,494.8
1996 1,233.4 314.1 1,547.5
1997 1,376.5 331.8 1,708.4
1998 1,434.3 349.0 1,783.3
1999 1,511.4 376.3 1,887.7
2000 1,516.2 365.1 1,881.4
2001 1,598.3 381.8 1,980.1
2002 1,801.5 422.8 2,224.3
2003 1,936.2 467.5 2,403.7
2004 2,097.9 439.9 2,537.8
2005 2,235.2 497.2 2,732.4
2006 2,386.3 500.9 2,887.1
2007 2,635.5 434.59 3,070.0
2008 2,766.0 446.5 3,212.5
2009 3,321.0 602.5 3,923.5
2010 3,721.1 575.1 4,296.2
2011 3,806.3 558.2 4,364.5
2012 4,399.9 603.3 5,003.2
2013 4,984.0 601.2 5,585.2


  1. What is the difference between a Treasury bill and a Government Bond?
  2. How are Treasury bill rates determined?
  3. How does the Treasury bill tender operate?
  4. How do I buy Bahamas Government Registered Stock?
  5. What if I needed to sell my Bahamas Government Registered Stock?
  6. What should I do if I've lost my Bahamas Government Registered Stock certificate?
  7. Can I use my Bahamas Government Registered Stock as collateral if I needed to get a loan?
  8. What is the National Debt?
  9. How has the National Debt changed over the past few years?


Available FAQs