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Bahamas Registered Stock Initial Public Offering Prospectus - March 2019

Published: Monday March 4th, 2019

PROSPECTUS

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2039 AND 2049 ISSUE OF B$25,000,000 ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT

Prospectus Date: February 27, 2019

Issuer: Bahamas Government Open Date: March 11, 2019 (9:30 a.m.)
Registrar: Central Bank of The Bahamas Close Date: March 13, 2019 (3:00 p.m.)
Organizer: Central Bank of The Bahamas Settlement: March 15, 2019
First Int Pmt: July 15, 2019 (short)
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
BRS 127139 10,000,000.00 100 20 5.00% January 15, 2039 Semi-annual
BRS 127149 15,000,000.00 100 30 5.50%January 15, 2049 Semi-annual
25,000,000.00
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: Applicants must present an NIB card and one additional form of identification, either a Driver's License or Passport. 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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