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SEVENTY-THIRD ISSUE OF GOVERNMENT OF BARBADOS SAVINGS BONDS
The Central Bank of Barbados will open for public subscription Barbados Government Savings Bonds Issue BSB S73 2014/2019 on Monday, June 2, 2014.
The issue will be for a nominal sum of BDS $15,000,000 and will be available in denominations of $50, $100, $500, $1,000 and $5,000. Applications should be made through the commercial banks, who will act as authorised agents to the Central Bank of Barbados.
Bonds will be issued on a discounted basis and will be priced at $78.44 per $100 representing a maximum annual yield of 5.5%. Interest will be free of income tax.
Persons with pension funds who have exercised their option to purchase
Government Savings Bonds should apply directly to the Central Bank of
Barbados.
The general public is reminded that individuals may not hold in excess of $50,000 nominal value of this issue.
May 2014
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