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Bahamas Registered Stock Initial Public Offering April 2019

Published: Thursday April 4th, 2019

PROSPECTUS

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2022, 2024, 2026, 2029, 2039 AND 2049 ISSUE OF B$40,000,000 ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT

Prospectus Date: April 4, 2019

Issuer: Bahamas Government Open Date: April 10, 2019 (9:30 a.m.)
Registrar: Central Bank of The Bahamas Close Date: April 12, 2019 (3:00 p.m.)
Organizer: Central Bank of The Bahamas Settlement: April 15, 2019
First Int Pmt: October 15, 2019
Calendar: Actual/365
The Central Bank of The Bahamas will not accept applications after 3:00 p.m. each day.
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Security ID Issue Size (B$) Unit Share (B$) Tenor (Years) Interest (Fixed) Maturity Interest Payment
BRS129022 1,000,000.00 100 3 2.79% April 15, 2022 Semi-annual
BRS129024 1,000,000.00 100 5 3.29% April 15, 2024 Semi-annual
BRS129026 3,000,000.00 100 7 3.89% April 15, 2026 Semi-annual
BRS129029 2,000,000.00 100 10 4.59% April 15. 2029 Semi-annual
BRS129039 13,000,000.00 100 20 5.04% April 15, 2039 Semi-annual
BRS129049 20,000,000.00 100 30 5.55% April 15, 2049 Semi-annual
40,000,000.00
Payments: Subscription amounts should be made electronically or via bank draft, payable to the Central Bank of The Bahamas only. CASH PAYMENTS WILL NOT BE ACCEPTED.
Requirements: (1) Bahamian E-Passport; or (2) NIB Smart Card paired with one of the following: Bahamian Driver's License, National Identity Card, Permanent Residence Permit, other National Passport, or Spousal Permit. New Business customers must present a list of its authorized signatories along with Memorandum/Articles of Association.
Refunds: Refunds will be made within three business days following the closing date. No interest will be paid on amounts refunded.
Certificates: Results will be made available on the Central Bank's website, and successful applicants can collect their certificates from the Central Bank 30 calendar days following settlement.
Allocation: Securities will be awarded in accordance with the Central Bank's priority level allocation process, with priority given to individual applications in amounts less than $250,000. All other applications-individuals greater than $250,000 and institutions- will be classified as Priority Level 2 and may result in a proration in the event of an oversubscription.

Application forms may be obtained from the Central Bank of The Bahamas' offices in Nassau and Freeport or from the Central Bank's website at www.centralbankbahamas.com. Additional details are also available on the website.

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