DMU [LRS - Offers/Results]

Debt Management Unit -> Local Registered Stock -> New Releases/Offers/Results

AUCTION OF LOCAL REGISTERED STOCK
RESULTS
SEPTEMBER 06, 2000

Applications were opened on September 05, 2000 at the Bank of Jamaica for $400 000 000.00 of Local Registered Stock as follows:

Series Name	Offer Amount	Coupon	Issue Date	Maturity Date
FR LRS 2010 AA	$400 000 000	15.00%	2000/09/07	2010/09/07

The results were as follows:

	15.00% FR 2010AA
Amount Applied for	$4 116 691 837
Amount Allotted	$400 000 000
Full Allotment (price)	83.57301 - 77.70506
Full Allotment (yield)	18.65460% - 20.2400%
Partial Allotment (price)	77.70270
Partial Allotment (yield)	20.24068%
Percentage Partial Allotment	11.039
Average Yield	20.00%

Total nominal amount of Local Registered Stock outstanding as at Thursday 07 September, 2000 is $131 970.77 mn.

The next auction of Local Registered Stocks is scheduled for Tuesday, 19 September 2000.

Applications for this issue should be submitted to the Bank of Jamaica by 11:00 a.m. on Tuesday, 19 September 2000.

Ministry of Finance and Planning
Debt Management Unit
Telephone: (876) 922-8600
Fax: (876) 922-7097
Send mail to dmulog@anngel.com.jm