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Results Bahamas Registered Stock Initial Public Offering January 17, 2020

Published: Monday February 3rd, 2020

RESULTS BAHAMAS REGISTERED STOCK

INITIAL PUBLIC OFFERING JANUARY 17, 2020

Central Bank of The Bahamas facilitated a $30,600,000 Initial Public Offering of Bahamas Registered Stocks on behalf of the Government of The Bahamas. The offering, which closed on January 15, 2020, was under-subscribed.

Details of the offering's allocation are outlined below:

3YR 5YR 7YR 10YR 20YR 30YR
Individuals Partial allocation Full allocation Full allocation Full allocation Full allocation Full allocation
Individuals Greater than $250K No allocation Full allocation Full allocation Full allocation Full allocation Partial allocation
Institutions No allocation Full allocation Full allocation Full allocation Full allocation Partial allocation

Refunds were processed for value date January 17, 2020 for customers who received partial allocations. Successful participants are able to collect their stock certificate 30 days following the settlement of the offering-February 16, 2020. Should you have any questions or concerns, please feel free to contact the Markets Unit of the Banking Department via e-mail at [email protected] or via telephone at (242) 302-2620.

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