Jamaica successfully restarts bond market, governor says

Government debt issuance in February was oversubscribed

bank-of-jamaica
Jamaica governor hails reopening of bond market a success

Investors are again willing to buy long-term Jamaican government debt, the central bank governor said on March 7, in his latest quarterly briefing.

Last month the government raised $15 billion across two-year, six-year and 30-year maturities. "The issue was heavily oversubscribed and had to be closed early, within two hours of the opening," Brian Wynter said.

"By that time, $17 billion, over and above the $15 billion accepted by the Ministry of Finance, had committed to these medium- and long

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