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BOJ Floating Treasury Bills To Raise $2.1 Billion | RJR News - Jamaican News Online
Advertisement

BOJ floating treasury bills to raise $2.1 billion

Faced with a $7.29 billion shortfall in revenue and grants during the period April to November of this fiscal year, the government will be floating a 273-day, 182-day and 91-day treasury bill in order to raise some $2.1 billion under competitive bidding to help fund the budget.
 
Applications for a minimum amount of $5,000 must be made through the Bank of Jamaica's JamClear Central Securities Depository between 9 a.m. and 10.45 a.m. on February 5.


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