WILLEMSTAD, Curaçao:--- On Monday, June 2, 2014, there will be a bond issue on behalf of the country of Curaçao, which bond will have a coupon rate of 2.45%, interest is payable semi-annual starting on December 2, 2014 and maturity of thirty (30) years.
On Wednesday, May 21, 2014, the Dutch State Treasury Agency (DSTA) will be able to subscribe and up to Friday, May 23, 2014, 10:00 A.M., the general public will be able to subscribe to this bond issue at all commercial banks on Curaçao and Sint Maarten. Subscription will take place according to the tender system, in which parties indicate for which amount and price they wish to participate in the bond issue, thereby revealing their desired yield.
After the closing of the subscription, the Centrale Bank van Curaçao en Sint Maarten will publish the price of issue. Parties that have subscribed for a higher price than the price of issue will receive full allocation. Parties that have subscribed at a price equal to the price of issue will receive the remaining amount of the issue.
As of May 19, 2014, subscription forms will be obtainable free of charge at the commercial banks and on our website www.centralbank.cw/government-loans.
CENTRALE BANK VAN CURAÇAO EN SINT MAARTEN