Notice of BRS Availability - October 2018
Published: Thursday October 4th, 2018
PROSPECTUS
THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS
BAHAMAS REGISTERED STOCK 2021, 2023, 2025, 2028, 2038 ISSUE OF B$70,000,000 ISSUED UNDER THE BAHAMAS REGISTERED STOCK ACT
- Issuer: Bahamas Government
- Registrar: Central Bank of The Bahamas
- Organizer: Central Bank of The Bahamas
- Open Date: October 9, 2018 (9:30 a.m.)
- Close Date: October 11, 2018 (3:00 p.m.)
- Settlement: October 15, 2018
- First Int. Payment: April 15, 2019
- Organizer: Actual/365
The Central Bank of The Bahamas will not accept applications after 3:00 p.m. each day.
| Security ID |
Security ID
(B$) |
Unit Share
(B$) |
Tenor
(Years) |
Interest
(Fixed) |
Maturity |
Interest
Payment |
| BGRS 125021 |
2,000,000 |
100 |
3 |
2.76% |
October 15, 2021 |
Semi-annual |
| BGRS 125023 |
3,000,000 |
100 |
5 |
3.26% |
October 15, 2023 |
Semi-annual |
| BGRS 125025 |
5,000,000 |
100 |
7 |
3.87% |
October 15, 2025 |
Semi-annual |
| BGRS 125028 |
10,000,000 |
100 |
10 |
4.57% |
October 15, 2028 |
Semi-annual |
| BGRS 125038 |
50,000,000 |
100 |
20 |
5.00% |
October 15, 2038 |
Semi-annual |
| |
70,000,000 |
|
|
|
|
|
- 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. Additional details are also available on the website.
