Notice of $30M BRS Reopening Prospectus
Published: Tuesday August 7th, 2018
PROSPECTUS
THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2021, 2028, 2038 ISSUE OF B$30,000,000 ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT
Prospectus Date: July 31, 2018
| Issuer: |
Bahamas Government |
Open Date: |
August 8, 2018 (9:30 a.m.) |
| Registrar: |
Central Bank of The Bahamas |
Close Date: |
August 10, 2018 (3:00 p.m.) |
| Organizer: |
Central Bank of The Bahamas |
Settlement: |
August 15, 2018 |
| |
|
First Int. Payment: |
January 13, 2019 |
| |
|
Calendar: |
Actual/365 |
The Central Bank of The Bahamas will not accept applications after 3:00 p.m. each day.
| Security ID |
Issue Size
(B$) |
Unit Share
(B$) |
Tenor
(Years) |
Interest
(Fixed) |
Maturity |
Interest
Payment |
| BGRS 124121 |
3,000,000 |
100 |
3 |
2.85% |
July 13, 2021 |
Semi-annual |
| BGRS 124128 |
7,000,000 |
100 |
10 |
4.66% |
July 13, 2028 |
Semi-annual |
| BGRS 124138 |
20,000,000 |
100 |
20 |
5.06% |
July 13, 2038 |
Semi-annual |
| |
30,000,000 |
|
|
|
|
|
- Payments: Subscription amounts should be made electronically or via bank draft payable to the Central Bank of The Bahamas. 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) business 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 30 calendar days following settlement.
