The Central Bank of Barbados announced that public subscription for the Barbados Optional Savings Bonds Plus 202502 will open on June 16, 2025, with a first issue date of June 16, 2025. The bonds will be issued at par and carry a fixed interest rate of 4.50% per annum, payable on June 15 and December 15 each year. The issue size is BDS 200,000,000, with a minimum purchase of BDS 500 and additional amounts in multiples of BDS 100. The bonds mature five years after the fifteenth of the month in which payment was made, and holders may redeem at par 24 months after the date of payment. Subscription will remain open until the Central Bank advises that the issue has been fully subscribed.
Central Bank of Barbados 2025-06-12
Central Bank of Barbados opens public subscription for BDS 200 million 4.50% Barbados Optional Savings Bonds Plus 202502
The Central Bank of Barbados will open public subscription for the Barbados Optional Savings Bonds Plus 202502 on June 16, 2025, with a fixed interest rate of 4.50% per annum. The issue size is BDS 200 million, with a minimum purchase of BDS 500. Bonds mature five years after issuance, with redemption at par available 24 months post-payment.