Advertisement

BOJ offers $2.5 billion in liquidity support to DTIs

 
The Bank of Jamaica injected $2.5 billion into the financial system after deposit-taking institutions (DTIs) sought $3.5 billion in liquidity support. 
 
According to the central bank, five bids were submitted by financial institutions, but only $2.5 billion was allocated at an average interest rate of 5.93% per annum.


comments powered by Disqus
Most Popular
JMDA to determine next steps in IDT pressure...
T&T journalists warn new police bill could...
Opposition raises more concern about surge in...