Rates on the most recent Treasury Bills fell in the latest offering by the Government of Jamaica.
The rate for the January Treasury bill came out at 6.12 percent compared to 6.2522 percent in December. Investors on Wednesday, 15 January, applied to purchase $400 million 30 days Government of Jamaica Treasury Bills dated Friday, 17 January 2014. This resulted in the average yield of 6.11877 percent. However, yield went as high as 6.29577 percent. A total of $567,065,100 was submitted by applicants in their bid to obtain the instruments.
Related post | T-bill rates mixed at auction
[…] Related Posts | Interest rate eases […]