This is a dedicated market for the trading of fixed income securities issued by the Central Bank of Barbados (CBB). These instruments – Treasury Notes and Debentures – are occasionally offered for purchase in denominations of $1,000.00 with a minimum investment size of $1,000.00. Unlike other fixed income securities offered by the CBB, Treasury Notes and Debentures are transferable and can be sold prior to maturity. To effect the sale of this type of security prior to maturity, Bondholders are required to seek the services of a Registered Broker of the BSE, furnish them with the Bond Statement provided by the CBB, complete the necessary Bond Transfer Forms and the Registered Broker would execute the requisite sale of the securities on behalf of the Bondholder.
The recently concluded Comprehensive Debt Restructuring – BBD Debt Exchange Offer conducted by the Government of Barbados has led to several changes to this market and bondholders are advised to view the – Government of Barbados Tradeable Bonds – FAQ – produced by the BSE in collaboration with the CBB.