invited for a total of $500 000 000.00 Jamaica Treasury Bills to be issued in
accordance with this notice and the Standard Terms and Conditions for
Applications/Tenders for Government of Jamaica Securities and redeemed as
000 000 2002
2002 09 27
will replace Bills of $400 000 000.00 maturing on Thursday, 28 March,
2002 and will be issued on a discount basis under competitive and
public sector entities should be made under non-competitive bidding and
will be accepted at the weighted average bank discount rate of accepted
competitive tenders. Applications
from public sector entities should be made through the Bank of Jamaica on tender
applying for amounts of up to $5 000.00 have the option of making a competitive
bid or of applying without specifying a price.
In the latter case, an allocation will be made at the weighted average
rate of accepted competitive bids. Persons applying for amounts above $5 000.00
must place a competitive bid.
the public should be no later than 10:45
a.m. on Tuesday, 26 March, 2002.
for competitive bids should not exceed five
(5) decimal places.
bills must be made by Managerís Cheque payable to the Bank of Jamaica, which
must accompany each tender, or by electronic transfer.
reserves the right to reject any tender.
be taken up at the Bank of Jamaica within ten (10) business days of the issue
date by applicants or their accredited representatives.
Treasury Bills due to mature on Thursday, 28 March 2002 should be lodged at the Bank of Jamaica by Tuesday, 26 March 2002 for examination, accompanied by a listing from (obtainable from Bankers, Brokers and Bank of Jamaica). On Thursday, 28 March 2002, proceeds of matured Treasury Bills will be paid by cheque drawn on the Bank of Jamaica or credited to an account with the Bank of Jamaica.
Bank of Jamaica