The Central Bank of Barbados published frequently asked questions for the 3.0% Government of Barbados USD Denominated Domestic Bond 2026, setting out practical guidance on eligibility, subscription funding, settlement, payments, and key compliance and tax points for the US dollar instrument. Subscriptions are allowed only where payment is made from a foreign-currency account, including a local foreign-currency account or an overseas account in the investor’s name, and the minimum investment is USD 500 with no maximum. Barbadians living abroad and non-nationals resident in Barbados may apply if funds come from a foreign-currency account, while non-nationals living abroad cannot invest; foreign-registered businesses may invest on the same basis, and at least one joint applicant must hold a foreign-currency account. Semi-annual interest and principal at maturity will be paid in foreign currency to the account specified on the application form, with interest able to be credited to an overseas foreign-currency account; investors pay all bank transfer charges and the Central Bank settles subscriptions through its correspondent account at Bank of America in New York. Know-your-customer checks require the application form to be witnessed by a person listed in Appendix 5 of the Central Bank’s anti-money laundering and counter-terrorist financing (AML/CFT) Guidelines. Non-residents will not pay withholding tax once their status is confirmed by the Barbados Revenue Authority, while residents’ interest is taxed separately at a rate not exceeding 15%. The Central Bank also noted that proceeds will finance government development plans, with interest a direct charge to the Consolidated Fund, and that the issue size means associated payments should not affect international reserves or the government’s ability to repay debt.

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