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  • Ole Pirates

    Interest rates at record lows

    Interest rates on Government of Jamaica instruments remain at record lows.
    The results of Wednesday's auction of Treasury Bills showed investors continue to embrace the Government's low interest rate model.
    The 28 day instrument had an average yield of 8.4%.
    Treasury Bill rates are currently at their lowest in nearly three decades.
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

  • #2
    Good news.

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