The Government of Jamaica is set to borrow an additional J$15 billion from the local market to help finance the 2025/2026 national budget, which requires a total of $158 billion in funding.
The funds will be raised through the reopening of three benchmark investment notes on October 14, 2025.
These include a 7.5% per annum note due in 2035, expected to raise $4 billion.
There's also an 8.25% per annum fixed-rate note, from which the government aims to secure $6 billion; and an 11.875% per annum note, targeted to bring in $5 billion.
The minimum subscription for each investment note is $1,000.
The move forms part of the government's ongoing strategy to finance its fiscal programme through domestic borrowing while maintaining stable market conditions.
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