Unbiased look at the Sint Maarten Elections
WILLEMSTAD/PHILIPSBURG:--- On Friday, November 10, 2023, there will be a boND issue on behalf of the country of Sint Maarten. The boND will have an annual coupon as follows: SPArty/23/national-alliance'>NAf 60.854.000,-- boND with a duration of 20 years. The interest rate is based on the Dutch yield curve as of November 2, 2023. The yield as of October 19 for a 20-year loan was 3.418%. The boND will have annual redemption starting on December 10, 2023.On Thursday, November 2, 2023, the Dutch State Treasury Agency (DSTA) will be able to subscribe, aND after that up to Friday, November 3, 2023, 10:00 A.M., the general public will be able to subscribe to this boND issue at all commercial banks on Curaao 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 loan, thereby revealing their desired yield.After the closing of the subscription, the Centrale Bank van Curaao en Sint Maarten will publish the price of the issue. Parties that have subscribed for a higher price than the price of the issue will receive the full allocation. Parties that have subscribed at a price equal to the price of the issue will receive the remaining amount of the issue.The subscription forms can be downloaded from our website:https://www.centralbank.cw/functions/market-operations-payments/government-loans-sint-maarten.Willemstad, October 23, 2023CENTRALE BANK VAN CURAAO EN SINT MAARTEN
