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- Notice Of BGRS Availability July 2017
Notice of BGRS Availability July 2017
Published: Wednesday July 5th, 2017
THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2020, 2022, 2024, 2027, 2037 ISSUE OF B$75,000,000 ISSUED UNDER THE BAHAMAS REGISTERED ACT AND AUTHORIZED UNDER HOUSE RESOLUTION DATED MAY 31, 2017
Prospectus Date: July 5, 2017
- Issuer: Bahamas Government
- Registrar: Central Bank of The Bahamas
- Organizer: Central Bank of The Bahamas
- Open Date: July 7, 2017 (9:30 a.m.)
- Close Date: July 12, 2017 (3:00 p.m.)
- Settlement: July 14, 2017
- First Int. Payment: January 14, 2018
| Security ID | Issue Size (B$) |
Unit Share (B$) |
Tenor (Years) |
Interest (Fixed) |
Calendar | Maturity | Interest Payment |
| BGRS 117020 | 5,000,000 | 100 | 3 | 3.00% | Actual/365 | July 14, 2020 | Semi-annual |
| BGRS 117022 | 5,000,000 | 100 | 5 | 3.50% | Actual/365 | July 14, 2022 | Semi-annual |
| BGRS 117024 | 5,000,000 | 100 | 7 | 4.10% | Actual/365 | July 14, 2024 | Semi-annual |
| BGRS 117027 | 15,000,000 | 100 | 10 | 4.80% | Actual/365 | July 14, 2027 | Semi-annual |
| BGRS 117037 | 50,000,000 | 100 | 20 | 5.20% | Actual/365 | July 14, 2037 | Semi-annual |
| 75,000,000 |
- 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.
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 https://www.centralbankbahamas.com