Log In

Reset Password
BERMUDA | RSS PODCAST

Public invited to Govt bond information sessions next week

Bermuda dollar bond offering: The Bermuda Government will be selling $50 million worth of debt next week

Investors interested in an expected near five percent annual return offered by a new Bermuda Government bond issuance can learn more at two public information sessions next week.

The events will take place next Tuesday, December 3, and Wednesday, December 4, at the Fairmont Hamilton Princess, according to an advertisement in The Royal Gazette.

Both sessions, hosted by the Ministry of Finance, will start at 5.30pm. The Tuesday session will be held in the hotel’s Princess Victoria Room and the Wednesday session in the Gazebo Room.

The $50 million Bermuda dollar offering will commence next Monday and conclude on Friday, December 6. Butterfield Bank will place the offering.

Government representatives will be making presentations to the public at next week’s information sessions. Those interested are urged to attend one of them.

A Preliminary Offering Memorandum and additional documentation will be available online upon the launch of the offering. Hard copies will be available at the information sessions for those who require them.

Butterfield has already contacted some clients, urging potential investors to indicate how much they might be interested in investing.

For more information, go to the website www.butterfieldgroup.com/govbond2013 or e-mail govbond2013@butterfieldgroup.com.