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Notice of BRS Availability - October 2018

Published: Thursday October 4th, 2018

PROSPECTUS

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS

BAHAMAS REGISTERED STOCK 2021, 2023, 2025, 2028, 2038 ISSUE OF B$70,000,000 ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT

  • Issuer: Bahamas Government
  • Registrar: Central Bank of The Bahamas
  • Organizer: Central Bank of The Bahamas
  • Open Date: October 9, 2018 (9:30 a.m.)
  • Close Date: October 11, 2018 (3:00 p.m.)
  • Settlement: October 15, 2018
  • First Int. Payment: April 15, 2019
  • Organizer: Actual/365

The Central Bank of The Bahamas will not accept applications after 3:00 p.m. each day.

Security ID  Security ID
(B$)
Unit Share
(B$)
Tenor
(Years)
Interest
(Fixed)
Maturity Interest
Payment
BGRS 125021 2,000,000 100 3 2.76% October 15, 2021 Semi-annual
BGRS 125023 3,000,000 100 5 3.26% October 15, 2023 Semi-annual
BGRS 125025 5,000,000 100 7 3.87% October 15, 2025 Semi-annual
BGRS 125028 10,000,000 100 10 4.57% October 15, 2028 Semi-annual
BGRS 125038 50,000,000 100 20 5.00% October 15, 2038 Semi-annual
  70,000,000          
  • Payments: Subscription amounts should be made electronically or via bank draft payable to the Central Bank of The Bahamas. CASH PAYMENTS WILL NOT BE ACCEPTED
  • Requirements: Applicants must present a 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 a Memorandum / Articles of Association.
  • Refunds: Refunds will be made within three (3) business days following the closing date. No interest will be paid on amounts refunded.
  • Certificates: Successful applicants will be notified via email and can collect their certificates from the Central Bank 30 calendar days following settlement.

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