The introduction of government bonds onto the Bahamas International Securities Exchange (BISX) will hopefully boost funding for businesses through capital markets, Deputy Prime Minister and Minister of Finance Peter Turnquest said.

Moving Bahamas government registered stock (BGRS) away from the monetary authority of the Central Bank of The Bahamas (CBOB) and onto the capital market is expected to pave the way for investors to deploy grant and investment capital, providing more equitable opportunities.

“Eventually we hope that this will stimulate the capital markets as a whole, which will make funding available to entrepreneurs that may be looking for investors but don’t want to take on an equity partner per se,” Turnquest said.

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