The Central Bank of Barbados, acting as the fiscal agent for the Government of Barbados, issues a number of government securities in which the public can invest. These instruments are 100 percent guaranteed by the Government and can be used as collateral for a number of financial transactions. In addition, these securities are fixed income-earning instruments, thereby, the agreed rate of interest stated upon purchase, is exactly what you will earn when the instrument matures.
They include Government of Barbados Tradeable Bonds and Savings Bonds .
Government of Barbados Tradeable Bonds
Frequently Asked Questions.
A Savings Bond is a five-year security, issued on a discounted basis to private individuals, friendly societies and charitable organizations.Interest earned on the security is free of income tax.