MINISTRY OF FINANCE & PLANNING
AUCTION OF LOCAL REGISTERED STOCK
RESULTS - 08 June 2000
Applications were opened on June 6, 2000 at the
Bank of Jamaica for $1 500 000 000.00 of Local Registered Stock as follows:
| Series Name |
Offer
Amount |
Coupon |
Issue
Date |
Maturity
Date |
FR
LRS 2003 AC |
$850
000 000 |
17.00% |
2000/06/08 |
2003/06/08 |
FR
LRS 2005 AC |
$650
000 000 |
16.75% |
2000/06/08 |
2005/06/08 |
The results were as follows:
|
17.00% 2003AC |
16.75% FR 2005AC |
| Amount
Applied for |
$2 867 933 000 |
$2 350 345 000 |
| Amount
Allotted |
$850 000 000 |
$650 000 000 |
| Full
Allotment (price) |
96.00000 - 90.71179 |
86.22776 - 81.97572 |
| Full
Allotment (yield) |
18.80481% - 21.35000% |
21.36500% - 23.00000% |
| Partial
Allotment (price) |
90.61202 |
81.97571 |
| Partial
Allotment (yield) |
21.39990% |
23.00001% |
| Percentage
Partial Allotment |
56.213 |
32.286 |
| Average
Yield |
21.11% |
22.74% |
Total nominal amount of
Local Registered Stock outstanding as at Thursday, 08 June 2000
is $128 410.97mn.
Applications for the next issue of Local Registered Stocks
must be submitted to the Bank of Jamaica by 10:30 a.m. on Tuesday, 20 June 2000.
Ministry of Finance and Planning
Debt Management Unit
Telephone: (876) 922-8600
Fax: (876) 922-7097
Send mail to dmulog@anngel.com.jm
|
|
