The Bahamas Savings Bond (BSB) aims to incentivize increased personal savings, by paying interest rates that are competitive in comparison to the returns on deposits; facilitating affordable, incremental growth in savings over time; and by offering predictable access to liquidity in the event of urgent financial needs. The savings bonds is a low-risk, short- to medium-term security offering 1-, 2-, 4-, and 6-year tenors. The BSB is considered a fixed income instrument because the interest paid by the borrower to the lender on each bond is a fixed percentage amount called the coupon. The BSBs are available for purchase via the Central Bank of The Bahamas.
