Treasury Notes and Debentures are available in denominations of $1,000.00, with the minimum investment size being $1,000.00. 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.

Government determines the rate of interest payable and when these instruments are to be issued. Government may, therefore, offer a four-year Treasury Note at a determined rate of interest or a seven-year Note at a different rate of interest. Interest is paid semi-annually. The interest payment dates are detailed in the prospectus published in the daily newspaper, giving notice of the opening of the issue. Similar to the Savings Bonds, individuals must be at least eighteen (18) years old to invest in these securities. However, institutional investors and non-residents of Barbados can hold Treasury Notes or Debentures.

Unlike Savings Bonds, which are sold on a discounted basis, Treasury Notes and Debentures are available at face value. Additionally, these instruments attract a withholding tax of 12.5%. However, pensioners (60 years or over) are exempted from the payment of withholding taxes on their securities.

A Treasury Note or Debenture is transferable and can be sold to another individual prior to maturity, if an emergency arises where cash is needed. In such a case, the investor would take the certificate to a registered securities broker, who will execute the sale transaction on his or her behalf. Both Treasury Notes and Debentures are tradable on the Barbados Stock Exchange.

27Sep2017
Issue of $100,000,000 Barbados Government 6.25% Treasury Note 2023 Applications are invited for subscription to this Treasury Note opening on Wednesday, September 27, 2017 for issue October 1, 2017. The Treasury Note will be issued at par with a fixed interest rate of 6.25% payable on March 31 and September 30 of each year. The interest due to Pensioners 60 years and over residing in Barbados will not be subject to withholding tax....
29Dec2016
Issue of $100,000,000 Barbados Government 6.5% Treasury Note 2025 Applications are invited for subscription to this Treasury Note opening on Monday, December 19, 2016 for issue January 1, 2017. The Treasury Note will be issued at par with a fixed interest rate of 6.5% payable on June 30 and December 31 of each year. The interest due to Pensioners 60 years and over residing in Barbados will not be subject to withholding tax....
04Nov2016
ISSUE OF $125,000,000 BARBADOS GOVERNMENT 7½% DEBENTURES 2031 Applications are invited for subscription to this Debenture opening on Monday, October 31, 2016 for issue November 1, 2016. ...
29Sep2016
Issue of $100,000,000 Barbados Government 7¼% Debentures 2029 NEW ISSUE: Opening date for receipt of application: 9:00 a.m. Wednesday, September 28, 2016....
29Sep2016
Issue of $75,000,000 Barbados Government 4¼% Treasury Notes 2019 NEW ISSUE: Opening date for receipt of application: 9:00 a.m., Wednesday, September 28, 2016...
29Sep2016
Issue of $100,000,000 Barbados Government 7.75% Debentures 2036 NEW ISSUE: Opening date for receipt of application: 9:00 a.m. Wednesday, September 28, 2016. ...
29Jun2016
Issue of $150,000,000 Barbados Government 6.50% Treasury Note 2025

Applications are invited for subscription to this Treasury Note...

25Apr2016
Issue of $125,000,000 Barbados Government 4% Treasury Note 2018 Applications are invited for subscription to this Treasury Note opening on Wednesday, April 27, 2016 for issue May 1, 2016. The Treasury Note will be issued at par with a fixed interest rate of 4% payable on April 30 and October 31 of each year. The interest due to Pensioners 60 years and over residing in Barbados will not be subject to withholding tax....
25Apr2016
Issue of $100,000,000 Barbados Government 7.75% Debentures 2036 Applications are invited for subscription to this Debenture opening on Wednesday, April 27, 2016 for issue May 1, 2016. The Debenture will be issued at par with a fixed interest rate of 7.75% payable on April 30 and October 31 of each year. The interest due to Pensioners 60 year and over residing in Barbados will not be subject to withholding tax....
26Feb2016
Issue of $50,000,000 Barbados Government 7.0% Debentures 2028 Applications are invited for subscription to this Debenture opening on Monday, February 29, 2016 for issue March 1, 2016....
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