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At US$2 billion, the trade represented Jamaica's largest bond sale ever, or some 14.6 per cent of its 2014 GDP, a large sum for any country.
"Nobody comes close to 14 per cent in the sum total of all their transactions, let alone in a single trade," said Chris Gilfond, head of Latin America capital markets origination at Citigroup. "Jamaica did it in a day."
"Nobody comes close to 14 per cent in the sum total of all their transactions, let alone in a single trade," said Chris Gilfond, head of Latin America capital markets origination at Citigroup. "Jamaica did it in a day."
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