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ANNOUNCEMENT: Bahamas Government Registered Stock Issue, July 15th, 2010

Published: Thursday July 15th, 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 totalling B$100,000,000.00. The Stock will be available in a range of maturity dates; the earliest being repayable in 2028 and the latest in 2037. 

Applications will be received by The Banking Department of the Central Bank of the Bahamas beginning at 9:30 am on 15th July, 2010 and will close at 3:00pm on 22nd July, 2010. Allocations will commence at 9:30 a.m. on 23rd July, 2010 and will cease at 3:00p.m. on 26th July, 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.

A prospectus is attached for interested parties.