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, Savings Bonds, Treasury Notes and Debentures.
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.
Treasury Notes / Debentures
A Treasury Note is an instrument issued for a period ranging from one to ten years, while a Debenture is an instrument with a maturity period of over ten years. These fixed income instruments are available only at the Central Bank of Barbados.