Debt Management Unit -> Local Registered Stock -> New Releases/Offers/Results
AUCTION OF LOCAL REGISTERED STOCK
RESULTS
OCTOBER 04, 2000
Applications were opened on October 03, 2000 at the Bank of
Jamaica for $1 800 000 000.00 of Local Registered Stock as follows:
Series Name |
Offer Amount |
Coupon |
Issue Date |
Maturity
Date |
FR LRS 2003 AG |
$800 000 000 |
16.00% |
2000/10/05 |
2003/10/05 |
FR LRS 2007 AD |
$600 000 000 |
15.75% |
2000/10/05 |
2007/10/05 |
FR LRS 2010 AC |
$400 000 000 |
15.00% |
2000/10/05 |
2010/10/05 |
The results were as follows:
| |
16.00% FR
2003AG |
15.75% FR
2007AD |
15.00% FR 2010AC |
| Amount Applied for |
$2 489 473 000 |
$1 782 823 000 |
$1 140 413 000 |
| Amount Allotted |
$800 000 000 |
$600 000 000 |
$400 000 000 |
| Full Allotment (price) |
96.16986 -
93.91203 |
91.24058 -
87.70608 |
84.43201 -
81.85637 |
| Full Allotment (yield) |
17.70000% -
18.74445% |
18.0000% -
18.99700% |
18.43700% -
19.10000% |
| Partial Allotment (price) |
93.90024 |
87.69609 |
81.70489 |
| Partial Allotment (yield) |
18.74999% |
18.99990% |
19.14% |
| Percentage Partial Allotment |
89.210 |
14.360 |
16.75 |
| Average Yield |
18.41% |
18.64% |
18.96% |
Total nominal amount of Local Registered
Stock outstanding as at Thursday 05 October 2000 is $134 436.02 mn. The next
auction of Local Registered Stocks is scheduled for November 2000.
Ministry of Finance and Planning
Debt Management Unit
Telephone: (876) 922-8600
Fax: (876) 922-7097
Send mail to dmulog@anngel.com.jm
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