Business, consumer confidence poles apart

Jamaica Gleaner: “Business, consumer confidence poles apart”

Business confidence among Jamaican firms improved in the last quarter of 2009, but consumer confidence continued to decline, researcher Professor Richard Curtain said Tuesday.

Jamaica Gleaner: “GOJ tests the market with 12% bond”

In a test of the market on Tuesday, the Government of Jamaica floated a two-month treasury bond that is not only significant for its tenure but was priced at a fixed 12 per cent per annum, in line with goals of the new debt management initiative (DMI).

Jamaica Observer: “No debt exchange, no IMF”

GOVERNMENT has essentially already secured 15 per cent of the support it will need for its planned debt exchange transaction that will involve the swapping of over $720 billion in its domestic debt for lower yielding bonds.