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Government February $20m IPO fully subscribed

The Central Bank of The Bahamas has announced that the $20,000,000 Initial Public Offering of Bahamas Registered Stock facilitated by the Central Bank on behalf of the government of The Bahamas for value February 23, 2018 was fully subscribed. 

Source:
Date:
Updated:
Central Bank of The Bahamas
Thursday, March 8, 2018
Thursday, March 8, 2018

The Central Bank of The Bahamas has announced that the $20,000,000 Initial Public Offering of Bahamas Registered Stock facilitated by the Central Bank on behalf of the government of The Bahamas for value February 23, 2018 was fully subscribed.

Following the Treasury Bill Tender held Friday, February 16, 2018 B$203,800,000.00 91-day Treasury Bills were fully allotted.


Details of the tender are as follows:

Price

Rate

Highest Tender (Accepted)

99.5800

1.6800%

Lowest Tender (Accepted)

99.5500

1.8000%

Avg. Tender/Avg. Discount

99.5538

1.7848%

Source: Central Bank of The Bahamas.

Airports Council International World has announced the winners of its 2017 Airport Service Quality Awards, with Lynden Pindling International Airport earning a third-place tied ranking for Best Airport serving more than two million passengers per year in the Latin America-Caribbean region.

Attorney General and Minister of Legal Affairs Carl Bethel highlighted the importance of international cooperation in the financial sector during the Bahamas Financial Services Board's Bahamas Briefing held at Baha Mar, March 1.

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