Invest in Barbados.
Grow your savings.
Treasury Bills are a simple way to invest your money with the Government of Barbados for a fixed period and earn a return. Whether you're saving for the future, holding extra cash, or looking for a safer investment option — put your money to work.
- You pay today
- BBD $4,974.50
- Interest earned
- BBD $25.50
- Effective annual return
- 2.06% p.a.
- Indicative tender rate
- 99.49 per $100
- Issue date
- 14 Jan 2026
- Maturity date
- 15 Apr 2026
Treasury Bills work differently from a savings account. Instead of depositing money and earning interest on top, you pay a slightly reduced amount today and receive the full face value at maturity. The difference between what you pay and what you receive is your return. For example, to receive BBD $5,000 in 91 days, you pay approximately BBD $4,897 today.
Indicative only. Tender rate and actual return determined at auction.
What are Treasury Bills?
A short-term investment, explained simply.
A Simple Government Investment
When you buy a Treasury Bill, you are lending money to the Government of Barbados for a short period of time.
Earn a Fixed Return
At the end of the investment period, you receive your money back along with interest based on the accepted auction rate.
Flexible Short-Term Options
Choose investment periods of approximately 3 months (91 days), 6 months (182 days), or 1 year (364 days).
Your Money Choices: The Honest Truth
When it comes to your savings, you have options. But not all choices protect your pockets or your family's future.
- Keeping Cash at Home: While cash will not get stolen by an online scammer, rising prices will slowly eat away at its value. Cash loses buying power every single day it sits completely still.
- Blessing Circles and "Looms": These are pyramid schemes. They promise massive, fast cash payouts but rely entirely on you constantly recruiting new people to join. The circle always collapses and nearly everyone loses everything they put in. It is a dangerous financial trap.
- Barbados Treasury Bills: This is a 100 per cent secure option backed entirely by the Government of Barbados. You earn a fixed interest rate, your money is fully protected by law, and it goes to work building your country while building your own personal wealth.
100% Secure
Your money is completely safe. Treasury Bills are fully backed by the Government of Barbados and protected by law.
No Guesswork Involved
You do not need to be a financial expert to invest. Simply choose how long you want to save, and the government automatically gives you a fair, set interest rate.
Accessible to Everyone
You do not need a fortune to start growing your personal wealth. You can open your investment account with as little as BBD $1,000.
Why people invest
Grow Idle Cash
Put money sitting in your account to work.
Government-Backed
Invest directly with the Government of Barbados.
Short Investment Terms
Choose investment periods that fit your goals.
Simple Process
Apply online in just a few steps.
What Have Investors Earned Recently?
To give you a clear picture of how your money can grow, here is a look at the average interest rates paid out over recent auction periods.
Actual rates are set at each auction and may vary.
How It Works
Six simple steps from application to maturity.
- 1
Choose a Treasury Bill auction from the open issuances listed on this site.
- 2
Complete and submit your application online before the auction closing date.
- 3
The Treasury Department reviews all submitted applications after the auction closes.
- 4
Receive your allotment notification by email — successful, unsuccessful, or partial.
- 5
Complete payment to the Treasury by bank transfer by the specified issue date.
- 6
At maturity, receive your principal and interest by bank transfer — or roll over into a new issuance.
Your Step-by-Step Investor Journey
We have simplified the process so you can manage your savings securely from home. Here is exactly what happens from the moment you fill out the form to the day you get paid.
- 1
Complete the Application Form
Fill in the online Treasury Bills application form on this page. Select the auction you want to participate in, your investment amount, and whether you are submitting a competitive or non-competitive bid.
- 2
Wait for Auction Results
After the closing date, the Treasury Bill Committee meets to evaluate all submitted bids and determine allocations.
- 3
Receive Your Allotment Notification
Treasury will notify you by email whether your application was successful, unsuccessful, or partially allotted. Successful applicants will receive the accepted rate and their allotted amount.
- 4
Make Payment
Transfer your payment to the Treasury Department by the specified issue date (typically the Wednesday following notification).
- 5
Receive Your Statement of Account
Once payment is confirmed, Treasury will send you a Statement of Account confirming your Treasury Bill holding.
- 6
Maturity & Repayment
At maturity, your principal and interest will be repaid by bank transfer. You may also elect to roll over your investment into the next available issuance.
Ready to put your savings to work?
Browse open auctions and apply online in just a few minutes.