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Finance Minister Bob Richards has emphasised the immense amount that the Government is spending on interest for debt as the House of Assembly’s debate on the 2014/15 Budget continued. Delivering his budget brief for the Ministry of Finance, Mr Richar...

Any future bond issues by the Bermuda Government will allow more time for investors to get on board, Finance Minister Bob Richards has said. And Mr Richards added that, rather than lowering the minimum $10,000 investment, more time would allow smalle...

A massive $50 million Government bond has sold out, Minister of Finance Bob Richards said today. Mr Richards added that more than two-thirds of the bond orders — aimed at raising cash to reduce the Island’s debt — went to smaller investors and 90 per...

Premier Craig Cannonier has called for open public dialogue on recommendations in the recently released SAGE Commission report as Government considers its next steps. Mr Cannonier said this afternoon that Government will be reaching out to the Island...

A $50 million Government bond issue is aimed at small Bermuda investors, Finance Minister Bob Richards told a meeting last night. Mr Richards said the $10,000 minimum investment in the issue was geared to personal purchases — not institutional buyers...

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, Dec...

Just-released economic data shows that difficult conditions are persisting through 2013, Minister of Finance Bob Richards said in a public release of information about Bermuda’s financial state.The data showed that Government revenues tracked higher ...

The much anticipated SAGE Commission final report has been presented to Government. Acting Minister of Finance, Michael Dunkley accepted the 150-page document yesterday marking the end of the six-month review. The full appendix runs to more than 10,0...