ANNOUNCEMENT: Bahamas Government Registered Stock Issue - $100.0 million

Published: Wednesday August 3rd, 2011

Issued under The Bahamas Registered Stock Act, and authorized by Resolutions of the House of Assembly, 9th June, 2011, the Government of The Commonwealth of The Bahamas invites applications for Bahamas Registered Stock totaling B$100,000,000.00. The Stock will be available in a range of maturity dates; the earliest being repayable in 2016 and the latest in 2032. Applications will be received by The Banking Department beginning at 9:30 a.m. on 3rd August, 2011 and will close at 3:00 p.m. on 11th August, 2011. Allocations will commence at 9:30 a.m. on 12th August, 2011 and will cease at 3:00 p.m. on 15th August, 2011. If the total subscriptions exceed the sum of B$100,000,000.00 (Nominal) partial allotment will be made to subscribers, and a proportionate refund will be made as soon as possible after allotment. No interest will be paid on amounts so refunded.