Jun 2015 Financial News

$25m more

Jun 10, 2015

INVESTMENT-HUNGRY Barbadians have gobbled up $20 million in Government savings bonds in nine days – with the second $10 million series going within hours of being released on Monday.

And the Central Bank is today releasing a third series, this time $25 million, to satisfy the demand for the bonds, which are regarded as one of the safest forms of investment.

President of the Barbados Bankers’ Association, Glyne Harrison, said the bonds were in huge demand and before the close of business on Monday, the second set of $10 million had already been secured by investors. The first set of $10 million was released on June 1 and went within three days.

Source:
PR/AC,
Nation News
Wednesday June 10, 2015

http://www.nationnews.com/nationnews/news/68479/usd25m