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Tenders are invited for the issue of Barbados Government Treasury Bills.
These Bills are being issued for a period of ninety-one days. These Bills will be payable at par on the date of maturity. They will be issued on Wednesday, November 29, 2023 and payable on Wednesday February 28, 2024.
Each tender must be for an amount of not less than $1,000 and must specify the amount which will be given for every one hundred dollars of the amount tendered. Bills will be issued in denominations appropriate to the amount requested in the tender.
Application forms are available at the Treasury Department or online at https://treasury.gov.bb/content/forms. When completed, forms should be emailed to treasury.bills@barbados.gov.bb or forwarded to the Treasury Department in sealed envelopes addressed; Confidential
TREASURY BILL TENDER
The Accountant General
The Treasury Department
1st Flr NHC Building
Country Road, St. Michael
All applications must reach the Treasury not later than 12:00 noon on Monday, November 27, 2023.
Successful applicants will be notified by letter, not later than Monday, November 27, 2023.
The Government of Barbados reserves the right to accept or reject any tender in whole or in part.
Interest Rate Last Issue (91 days) – 2.72%
Average Tender Rate (91 days) – 99.33