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Bonds in high demand by Bajans

BARRY ALLEYNE, [email protected]

Bonds in high demand by Bajans

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ALMOST $30 MILLION, and counting. 

Bajans are definitely investing big in Barbados. Even those who have lost their jobs through redundancy are snapping up Government’s saving bonds as soon as they hit the market.

The Central Bank put a fourth batch of $10 million of the Government security up for sale last Monday, after only $1.7 million of the previous issue on August 31 remained to be purchased.

And according to Central Bank officials, what was Barbados’ biggest hidden secret of investment is now more popular than ever, even in the face of recent downgrades by international ratings agencies. (BA)

Please read the full story in today’s Sunday Sun, or in the eNATION edition.