Central Bank of Curacao & St.Maarten Announces New Bond Issue On Behalf Of Government Of Curacao

On Monday, September 16, 2013, there will be a bond issue on behalf of the country of Curaçao. It will be a 2.75% loan with a term of thirty years with a semiannual coupon. 

On Friday, September 6, 2013, the Dutch State Treasury Agency (DSTA) will be able to subscribe and up to Tuesday, September 10, 2013, 10:00A.M., the general public will be able to subscribe to this bond issue at all commercial banks on Curaçao. Subscription will take place according to the tender system in which parties indicate for which amount and price they wish to participate in the loan, 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 August 29, 2013, subscription forms will be obtainable free of charge at the commercial banks and on our website http://www.centralbank.cw/subscription-forms