Treasury Bills Issue 1036

Tenders are invited for the issue of Barbados Government Treasury Bills.

These Bills are being issued for a period of ninety-one and one-hundred and eighty-two days. They will be issued on Wednesday, May 13, 2026, and payable at par on Wednesday, August 12, 2026, and Wednesday, November 11, 2026, respectively. 

A non-competitive window is operational for individual bidders. This mechanism is 
optional and will allow individuals to submit a bid for the amount and tenor of Treasury 
Bills that they wish to purchase, without specifying a tender rate, i.e. the amount which will be given for every ONE HUNDRED DOLLARS of the amount tendered. The minimum bid amount is $1,000.00. Individuals who opt to utilise the non-competitive window may be allocated the amount tendered at a rate that is the average of the successful competitive bidders. 

All other tenders, including individuals who chose not to utilize the non-competitive 
window, 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 1:30 p.m. on Thursday, May 7, 2026.

Successful applicants will be notified by letter, not later than Monday, May 11, 2026. 

The Government of Barbados reserves the right to accept or reject any tender in 
whole or in part. 

Interest Rate Last Issue (91 days) – 0.44%

Average Tender Rate (91 days) – 99.8