SIXTY-FOURTH ISSUE OF GOVERNMENT OF BARBADOS SAVINGS BONDS


Created 26 May, 2009
Categories General Press Release
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SIXTY-FOURTH ISSUE OF GOVERNMENT OF BARBADOS SAVINGS BONDS

 

The Central Bank of Barbados will open for public subscription Barbados Government Savings Bonds Issue BSB S64 2009/2014 on Tuesday, June 02, 2009.

The issue will be for a nominal sum of BDS $15,000,000 and will be available in denominations of $50, $100, $500, $1,000 and $5,000.  Applications should be made through the commercial banks, who will act as authorised agents to the Central Bank of Barbados.

Bonds will be issued on a discounted basis and will be priced at $79.68 per $100 representing a maximum yield to maturity of 5.1%.  Interest will be free of income tax.

The general public is reminded that individuals may not hold in excess of $50,000 nominal value of this issue.

 

May 21, 2009

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