Notice of BRS Availibility July 2018
Published: Tuesday July 3rd, 2018
PROSPECTUS
THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS BAHAMAS REGISTERED STOCK 2021, 2023, 2025, 2028, 2038 ISSUE OF B$55,000,000 ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT
Prospectus Date: July 2, 2018
| Issuer: |
Bahamas Government |
Open Date: |
July 6, 2016 (9:30 a.m.) |
| Registrar: |
Central Bank of The Bahamas |
Close Date: |
July 11, 2018 (3:00 p.m.) |
| Organizer: |
Central Bank of The Bahamas |
Settlement: |
July 13, 2018 |
| |
|
First Int. Payment: |
January 13, 2019 |
| |
|
Calendar: |
Actual/365 |
The Central Bank of The Bahamas will not accept applications after 3:00 p.m. each day.
| Security ID |
Issue Size
(B$) |
Unit Share
(B$) |
Tenor
(Years) |
Interest
(Fixed) |
Maturity |
Interest
Payment |
| BGRS 124021 |
3,000,000 |
100 |
3 |
2.85% |
July 13, 2021 |
Semi-annual |
| BGRS 124023 |
5,000,000 |
100 |
5 |
3.35% |
July 13, 2023 |
Semi-annual |
| BGRS 124025 |
7,000,000 |
100 |
7 |
3.96% |
July 13, 2025 |
Semi-annual |
| BGRS 124028 |
15,000,000 |
100 |
10 |
4.66% |
July 13, 2028 |
Semi-annual |
| BGRS 124038 |
25,000,000 |
100 |
20 |
5.06% |
July 13, 2038 |
Semi-annual |
| |
55,000,000 |
|
|
|
|
|
- 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.
Application forms may be obtained from the Central Bank of The Bahamas' offices in Nassau and Freeport or from the Bank's website at www.centralbankbahamas.com
