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ANNOUNCEMENT: Bahamas Government Registered Stock Issue - $100.0 million

Published: Wednesday October 6th, 2010

Issued under The Bahamas Registered Stock Act, and authorized by Resolutions of the House of Assembly, 10th June, 2010, the Government of The Commonwealth of The Bahamas invites applications for Bahamas Registered Stock totaling B$100,000,000.00. The Stock will be available in a range of maturity dates; the earliest being repayable in 2015 and the latest in 2030. Applications will be received by The Banking Department beginning at 9:30 a.m. on 8th October, 2010 and will close at 3:00 p.m. on 15th October, 2010. Allocations will commence at 9:30 a.m. on 18th October, 2010 and will cease at 3:00 p.m. on 19th October, 2010. If the total subscriptions exceed the sum of B$100,000,000.00 (Nominal) partial allotment will be made to subscribers, and a proportionate refund will be made as soon as possible after allotment. No interest will be paid on amounts so refunded.