The Central Bank of The Bahamas will be issuing Market Briefs on a quarterly basis to stimulate discussions on domestic Treasury securities and strengthen the market’s knowledge around primary issue outcomes.

Government securities experienced strong primary market participation during 2019, and despite a busy holiday season, interest in the January 2020 offerings exhibited similar levels to those of 2019.

The 30-year Treasury continues to experience the strongest demand, although the 20-year security, was also, generally, well received.

The slightly serpentine nature of the Treasury yield curve displayed marginal flattening at the January 2020 point, noting some convergance. The 10-year and 20-year tenors continue to display the greatest basis point gains vis-à-vis mid-2019 and prior.

Read/download the complete first brief of 2020 here:

• Market Brief Jan 2020