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Bahamas government registered stock issue – $100 million

The Central Bank of The Bahamas has announced that the government of The Bahamas is inviting applications for Bahamas registered stock totalling $100 million. The stock will be available in a range of maturity dates; the earliest being repayable in 2016 and the latest in 2032. 

Source:
Date:
Updated:
Central Bank of The Bahamas
Monday, September 17, 2012
Monday, September 17, 2012

Sept 14/12 – Issued under The Bahamas Registered Stock Act, and authorized by Resolutions of the House of Assembly, 14th June, 2012, the Government of The Commonwealth of The Bahamas invites applications for Bahamas Registered Stock totalling B$100,000,000.00. The Stock will be available in a range of maturity dates; the earliest being repayable in 2016 and the latest in 2032.


Applications will be received by The Banking Department beginning at 9:30 am on 17th September, 2012 and will close at 3:00 pm on 21st September, 2012. Allocations will commence at 9:30 a.m. on 24th September, 2012 and will cease at 3:00p.m. on 25th September, 2012.

If the total subscriptions exceed the sum of B$100,000,000.00 (Nominal) partial allotment will be made to subscribers, and a proportionate refund will be made as soon as possible after allotment. No interest will be paid on amounts so refunded.

Please click here to download a copy of the prospectus.

This is an excerpt from Central Bank of The Bahamas as it appeared on September 17, 2012. For updates or to read the current version of this post in its entirety, please click here.

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