Bahamas Government Security Depository Market Notice

Published: Wednesday November 14th, 2018

Market Notice

Bahamas Government Securities Depository

The Central Bank of The Bahamas, in its role as Registrar for the Bahamas Government's domestic securities, continues to pursue and introduce initiatives designed to modernize these arrangements for the benefit of market participants.

In this latest initiative, the Central Bank announces the launch, on November 26, 2018, of its Centralized Securities Depository, 'the Bahamas Government Securities Depository (BGSD)'. The BGSD will serve as the primary register and settlement system for Government and Government Agency securities. By helping to expedite the buying and selling processes for Government securities, this modern electronic platform will ultimately pave the way for a more efficient and vibrant debt securities market.

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