Markets
5.1
Jamaica to raise $10B via local bond auction, 9.625% coupon
Published 5 h ago1 sourceEvidence: Reported
SeverityModerateNationwide NewsLow-rated sourceJM
The Bank of Jamaica announced a reopening of its 11.25% fixed-rate bond due 2046, indicating continued sovereign debt issuance. This is a routine debt management operation, not a market-moving event. The high coupon reflects Jamaica's credit profile, but the reopening itself is a standard liability management exercise.
Published 5 h ago1 sourceEvidence: Reported
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