SIXTY-FIFTH ISSUE OF GOVERNMENT OF BARBADOS SAVINGS BONDS


Created 12 Nov, 2009
Categories General Press Release
Views: 1565
Print
Share
"

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

"

Copyright 2019 by Central Bank of Barbados