C E N T R A L E
B A N K
V A N
D E
C U R A C A O
E N
S I N T
M A A R T E N
Simon Bolivar Plein 1
Willemstad
Curaçao
FA X M E S S A G E
Date
: December 1, 2016
Number of pages
: 2 (this one included)
To
: Local commercial banks
Department
: Treasury department
Attn.
: -
Fax
: -
From
: S. Daantje
Re
: CD-tender
This fax message is sent to you:
 for evaluation / comment
 for your information
 at your request
 as agreed
Tel
#599 9 434 5500
Fax
#599 9 461 5004
E-mail [email protected]
 for discussion
 for follow-up
If this message reaches you incomplete or illegible, please advise me (soonest). Telephone: 434-5533.
This message and attachment(s) is/are only intended for the addressee and may contain personal or confidential
information, which may not be made public according to the law or agreements. In case this message reaches you
by mistake, please notify the Bank and destroy the message immediately.
Dear Madam or Sir,
With reference to the conditions stated in our Monetary Circular 2003-1, attachment 4, we
hereby announce the tender of NAf. 44.4 million Central Bank Certificates of Deposit as per
Monday, December 5, 2016.
The tender is a variable rate tender: the subscriber indicates the amounts (in multiples of
NAf. 100,000), willing to buy at various interest rate levels (in multiples of 0.01% and a
maximum of 0.49% for 4 weeks, 0.81% for 12 weeks, 1.17% for 26 weeks and 1.52% for 52
weeks: i.e. the pledging rate minus 51, 19 and plus (+) 17, +52 basis points respectively).
Subscriptions per commercial bank are limited to the total amount of the tender, i.c.
NAf. 44.4 million.
Please find attached the subscription form for the CD-tender. The form has to be signed and
returned to the Bank by fax or mail before 12:00 o’clock, Friday, December 2, 2016. The
results of the tender will be published before 17:00 o’clock on Friday, December 2, 2016.
Settlement will be on Monday, December 5, 2016.
Sincerely,
S. Daantje
CENTRALE BANK VAN CURAÇAO EN SINT MAARTEN
SIMON BOLIVAR PLEIN 1, WILLEMSTAD
CURAÇAO
TEL# (599-9) 434-5533; FAX: (599-9) 465-6272
S U B SC R IP TIO N
F O R M F O R PA RT IC I PA TIO N IN T HE AUC T IO N O F
C E RT IF IC A TE S O F D E P O S I T
O F T HE
C E N T RA LE B A N K VA N C UR A Ç A O E N S IN T M A A RTE N
The subscription form should state the amount a commercial bank is willing to buy at various
levels of interest, starting with the lowest. The interest rate levels will be (in multiples of 0.01%
and a maximum of 0.49% for 4 weeks, 0.81% for 12 weeks, 1.17% for 26 weeks and 1.52% for
52 weeks: i.e. the pledging rate minus 51, 19 and plus (+) 17, +52 basis points respectively).
Subscriptions are cumulative with increasing interest rates, and each subscription should state
the total subscribed amount at the bottom of the form. The term of the CD is set to 4, 12, 26
and 52 weeks.
Undersigned commercial bank subscribes for the following amount(s)1 and interest rate(s):
NAME OF COMMERCIAL BANK:
4 weeks: December 5, 2016 – January 2, 2017
Interest days: 28
Interest rate:
1)
2)
3)
4)
Total for 4 weeks:
Nominal amount:
1)
2)
3)
4)
12 weeks: December 5, 2016 – February 27, 2017
Interest days: 84
Interest rate:
1)
2)
Nominal amount:
1)
2)
3)
4)
3)
4)
Total for 12 weeks:
1
In multiples of NAf. 100,000
Kindly confirm by telephone if the Bank has received the subscription form.
2/3
26 weeks: December 5, 2016 – June 5, 2017
Interest days: 182
Interest rate:
1)
2)
3)
4)
Total for 26 weeks:
Nominal amount:
1)
2)
3)
4)
52 weeks: December 5, 2016 – December 4, 2017
Interest days: 364
Interest rate:
1)
2)
Nominal amount:
1)
2)
3)
4)
Total for 52 weeks:
3)
4)
The CD-subscription form has to be returned (either by fax or by mail) to the Bank’s Treasury Department before 12:00 o’clock on
the subscription day.
………………………………………
Stamp and authorized signature(s)
………...………………………...
Date
State name of the authorized signatory
Kindly confirm by telephone if the Bank has received the subscription form.
3/3