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.

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....
26Feb2016
Issue of $50,000,000 Barbados Government 6.25% Treasury Note 2024 Applications are invited for subscription to this Treasury Note opening on Monday, February 29, 2016 for issue March 1, 2016. ...
29Jan2016
Issue of $200,000,000 Barbados Government 7.0% Debentures 2028

Applications are invited for subscription...

30Dec2015
Issue of $100,000,000 Barbados Government 5.5% Treasury Note 2020

Applications are invited for subscription to this Treasury Note opening on Monday, December 21,...

26Oct2015
ISSUE OF $100,000,000 BARBADOS GOVERNMENT 7¾% DEBENTURES 2035

Applications are invited for subscription to this Debenture opening on Wednesday, October 28,...

26Oct2015
ISSUE OF $50,000,000 BARBADOS GOVERNMENT 6⅛% TREASURY NOTE 2021

Applications are invited for subscription to this Treasury Note opening on Wednesday, October 28,...

25Sep2015
ISSUE OF $50,000,000 BARBADOS GOVERNMENT 6.625% TREASURY NOTE 2025

Applications are invited for subscription to this Treasury Note opening on Monday, September 28,...

1 2 3
Copyright 2018 by Central Bank of Barbados