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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 ID Issue Size
(B$)
Unit Share
(B$)
Tenor
(Years)
Interest
(Fixed)
Maturity Interest
Payment
BGRS 121021 1,000,000 100 3 3.02% February 23, 2021 Semi-annual
BGRS 121023 2,000,000 100 5 3.52% February 23, 2023 Semi-annual
BGRS 121025 2,000,000 100 7 4.13% February 23, 2025 Semi-annual
BGRS 121028 5,000,000 100 10 4.83% February 23, 2028 Semi-annual
BGRS 121038 10,000,000 100 20 5.24% February 23, 2038 Semi-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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