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
