Last night we told you about the the first-ever public placement of a U.S. dollar-denominated Treasury Note.
It has a face value of US$30 million, a tenor of 5 years and a coupon of 6.5%. With interest rates being what they are in the US, it's a very attractive instrument, but it doesn't come cheap!
The Central Bank has posted the details offering on the fixed rate note. And, guess what? Just to get in the door - you'll need 50 grand US!
That's right, the offer sheet says the Notes are being sold in multiples of $50,000 US dollars or multiples thereof.
The principal amount will be repaid in three (3) equal US$ payments on 29 June 2023, 29 June 2024, and on the Maturity Date.
You can see full details on the Central Bank website.
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