Notice of BRS Availability June 2019

Published: Monday June 3rd, 2019
PROSPECTUS

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS 
BAHAMAS REGISTERED STOCK 2039 AND 2049 ISSUE OF B$25,700,000 
ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT

Prospectus Date: June 3, 2019

Issuer:Bahamas GovernmentOpen Date:June 11, 2019 (9:30 a.m.)
Registrar:Central Bank of The BahamasClose Date:June 13, 2019 (3:00 p.m.)
Organizer:Central Bank of The BahamasSettlement:June 17, 2019
  First Int Pmt:October 15, 2019 (short)
  Calendar:Actual/365

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

Security IDIssue Size (B$)Unit Share (B$)Tenor (Years)Interest (Fixed)MaturityInterest Payment
BRS 1292397,700,000.00100205.04%April 15, 2039Semi-annual
BRS 12924918,000,000.00100305.55%April 15, 2049Semi-annual
 25,700,000.00     

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: 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 up to $250,000. All other applications-individuals greater than $250,000 and institutions-will 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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