Bahamas Registered Stock July 2026 Reopening Prospectus

Back

Bahamas Registered Stock July 2026 Reopening Prospectus

Published: Tuesday June 30th, 2026

PROSPECTUS (Reopening)

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS

BAHAMAS REGISTERED STOCK 2029, 2031, 2033, 2036, 2050AND 2054 ISSUE OF B$65,800,000 ISSUED UNDER THE PUBLIC DEBT MANAGEMENT ACT, 2021

Prospectus Date: 25 June2026

Issuer:	Bahamas Government	Open Date:	7 July 2026 (9:30 a.m.)
Registrar:	Central Bank of The Bahamas	Close Date:	9 July 2026 (3:00 p.m.)
Organizer:	Central Bank of The Bahamas	Auction Date:	14 July 2026 (9:00 a.m. - 3:00 p.m.)
Minimum:	$100	Settlement:	15 July 2026
Increment:	$100	Interest paid:	Semi-Annually
		Calendar:	Actual/365

Security ID	Issue Amount	Can Grow/ Shrink?	Approx. Tenor (Years)	Fixed Coupon (%)	Last Yield (%)	Bid Options	Maturity Date [1]
BSBGR1780299	18,000,000	Yes	3	4.13	4.100	Competitive and non-competitive bids allowed	16-Sep-29
BSBGR1720311	12,000,000	Yes	5	4.76	4.760	Competitive and non-competitive bids allowed	16-Apr-31
BSBGR1600331	6,000,000	Yes	7	5.45	5.510	Competitive and non-competitive bids allowed	21-Apr-33
BSBGR1120363	13,000,000	Yes	10	5.40	5.424	Competitive and non-competitive bids allowed	13-Oct-36
BSBGR1391501	3,800,000	Yes	20	6.10	6.461	Competitive and non-competitive bids allowed	15-Sep-50
BSBGR1740541	13,000,000	Yes	30	6.59	6.546	Competitive and non-competitive bids allowed	31-May-54
	65,800,000

Yield Considerations:

The Last Yield is derived from the Central Bank of The Bahamas’ most recent secondary market price estimates published at https://www.centralbankbahamas.com/news/brs-secondary-market-prices, and may be used as guidance around the issuer expectations for market bids on the reopened securities.

Instructions for participation are outlined below.

Competitive Participation:

1. The minimum bid is $500,100 with no upper limit for the competitive bidding option.

a) BISX Registered Broker-Dealer Customers: Submit applications through your respective broker-dealer, following the instructions/guidelines.

b) Central Bank Customers: Prospective investors wishing to bid competitively through the Central Bank should contact the Bank via email to domesticdebt@centralbankbahamas.com or via telephone at (242) 302-2620.

Non-Competitive Participation:

1. The minimum bid is $100 with and upper limit of $500,000 for the non-competitive bidding option.

a) BISX Registered Broker-Dealer Customers: Submit applications through your broker-dealer, following their instructions/guidelines.

b) Central Bank Customers: Prospective investors, submit application via the Bahamas Securities Portal. Please refer to the supplemental Central Bank Customer Information Sheet for additional pricing and payment instructions.

Allocation: Offerings do not prioritize bids for “individual” investors. Instead, the bid allocation process considers (1) the bid size, (2) the total value of all valid bids, and (3) the total offering amount. The methodology will prorate allocations across all bidders (individuals and institutions). In some cases, when offers are oversubscribed, very low-value bids are less likely to receive allocations.

Grow/Shrink: Each security in this offering has the capacity to grow or shrink based on the total subscriptions received for each tenor. The entire offer also has the capacity to grow or shrink, commensurate with overall demand. The issuer maintains the right to cap the offer at its sole discretion.

New Institutional Investors:

New institutional investors may participate through a BISX registered broker-dealer, a list of which may be found at: https://bisxbahamas.com/broker-dealers.

[1] In line with the BRS Consolidation Framework, we are reopening securities. In some instances, in an effort to build benchmark volumes, some bond reopening maturities may differ slightly from established benchmark maturity boundaries.

Bahamas Registered Stock