Bahamas government bonds
Bahamas's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| USD Emerging markets, US-dollar bonds | vs US Treasuries | 5 | 216 bp | 217 bp | 16.5% | +8 bp | 6.65% | $61.6M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
USD spread history
Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.
Bahamas's USD curve
Yield to maturity of each USD bond US funds hold (5 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Bahamas's debt
Fund series holding Bahamas's government and government-related bonds in their latest quarterly report: 81 now, 88 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| Artisan Global Unconstrained Fund | 2026-06-30 | 5 | $73.1M | $81.8M |
| T. Rowe Price Emerging Markets Bond Fund | 2026-06-30 | 1 | $29.5M | $33.2M |
| MFS Emerging Markets Debt Fund | 2026-07-31 | 2 | $17.1M | $18.9M |
| SIIT EMERGING MARKETS DEBT FUND | 2026-05-31 | 4 | $12.1M | $13.3M |
| Artisan Emerging Markets Debt Opportunities Fund | 2026-06-30 | 5 | $10.6M | $11.8M |
| Western Asset Emerging Markets Debt Fund Inc. | 2026-06-30 | 2 | $11.0M | $11.7M |
| VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 3 | $8.5M | $9.5M |
| JPMorgan Income Fund | 2026-05-31 | 2 | $7.7M | $8.7M |
| SIT Emerging Markets Debt Fund | 2026-06-30 | 3 | $6.5M | $7.1M |
| JPMorgan Core Plus Bond Fund | 2026-05-31 | 1 | $4.1M | $4.6M |
| Janus Henderson Emerging Markets Debt Hard Currency ETF | 2026-07-31 | 3 | $4.0M | $4.4M |
| Fidelity Emerging Markets Debt Central Fund | 2026-06-30 | 1 | $3.6M | $4.1M |
| Emerging Markets Core Fund | 2026-07-31 | 2 | $3.5M | $3.9M |
| JPMorgan Income ETF | 2026-05-31 | 2 | $3.3M | $3.7M |
| Payden Emerging Markets Bond Fund | 2026-07-31 | 1 | $3.1M | $3.5M |
| NYLIM MacKay Strategic Bond Fund | 2026-07-31 | 2 | $3.1M | $3.4M |
| Western Asset Diversified Income Fund | 2026-06-30 | 1 | $3.0M | $3.4M |
| Western Asset Management Strategic Bond Opportunities Portfolio | 2026-06-30 | 1 | $3.0M | $3.4M |
| Western Asset High Income Fund II Inc. | 2026-07-31 | 2 | $3.1M | $3.3M |
| Nuveen Core Bond Fund | 2026-06-30 | 1 | $2.3M | $2.5M |
ETFs holding Bahamas's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 3 | $9.5M | 0.14% |
| JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF | 2026-07-31 | 3 | $4.4M | 1.03% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $3.7M | 0.04% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 1 | $2.3M | 0.02% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $2.2M | 0.01% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $983K | 0.00% |
| GTO Invesco Total Return Bond ETF | 2026-07-31 | 1 | $976K | 0.04% |
| EMBX VanEck Emerging Markets Bond ETF | 2026-06-30 | 2 | $755K | 0.31% |
| MFSB MFS Active Core Plus Bond ETF | 2026-05-31 | 1 | $668K | 0.16% |
| TOTR T. Rowe Price Total Return ETF | 2026-05-31 | 1 | $553K | 0.10% |
| JSCP JPMorgan Short Duration Core Plus ETF | 2026-05-31 | 2 | $446K | 0.03% |
| EMHC State Street(R) SPDR(R) Bloomberg Emerging Markets USD Bond ETF | 2026-06-30 | 1 | $280K | 0.10% |
| NBFC Neuberger Flexible Credit Income ETF | 2026-07-31 | 1 | $221K | 0.30% |
| BNDP VANGUARD CORE-PLUS BOND INDEX ETF | 2026-06-30 | 1 | $6K | 0.00% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.