Interest rates payable on government of Jamaica latest Treasury bills fell for the 28 and 91 days instruments but the rate for the 182 days that was below the 91 days instrument normalized by going above it this time compared to lower rates for the longer term instrument at the close of the February auction.
At the latest auction the 91 days T-bill ended up at 5.75 percent and was down by 25.4 basis point while the 28 days instrument fell by 15 basis points to 5.38 percent while the 182 days rose by 10 basis points to 5.83 percent, at the March 2015 auction this tenure of T-bill was at 7 percent and is down by 17 percent.
Falling Interest rates
March 22, 2016 by
