SIXTY-FIFTH ISSUE OF GOVERNMENT OF BARBADOS SAVINGS BONDS
The Central Bank of Barbados will open for public subscription Barbados Government Savings Bonds Issue BSB S65 2009/2014 on Monday, November 23, 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.
November 12, 2009