Notice of BGRS Availability, February 2018

Published: Thursday February 8th, 2018

PROSPECTUS

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2021, 2023, 2025, 2028 AND 2038 ISSUE OF B$20,000,000 ISSUED UNDER BAHAMAS REGISTERED STOCK ACT

Prospectus Date: February 5th, 2018 

  • Issuer: Bahamas Government
  • Registrar: Central Bank of The Bahamas
  • Organizer: Central Bank of The Bahamas
  • Open Date: February 19, 2018 (9:30 a.m.)
  • Close Date: February 21,2018 (3:00 p.m.)
  • Settlement: February 23, 2018
  • First Int. Payment: August 23, 2018
  • 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
BGRS 1210211,000,00010033.02%February 23, 2021Semi-annual
BGRS 1210232,000,00010053.52% February 23, 2023Semi-annual
BGRS 1210252,000,00010074.13% February 23, 2025Semi-annual
BGRS 1210285,000,000100104.83% February 23, 2028Semi-annual
BGRS 12103810,000,000100205.24% February 23, 2038Semi-annual
 20,000,000     
  • 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 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) 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 on March 19, 2018.

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

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