
Re-opening of GOJ: 9.625% FR BIN – Due 2031 – 21 July 2026
GOVERNMENT OF JAMAICA Fixed Rate 9.625% Benchmark Investment Note – Due 2031 ISSUER GOVERNMENT OF JAMAICA AUTHORITY The Public Debt Management Act, 2012 as amended PURPOSE To finance the Government’s budgetary requirements SUBSCRIPTION DATE July 24, 2026 SETTLEMENT DATE ISSUE STANDARD IDENTIFICATION NUMBER (ISIN) July 28, 2026 JMG201600046 OFFER VOLUME $16,000,000,000.00 MINIMUM BID AMOUNT $1,000.00 TENOR Five Years (5) and Four (4) Months YIELD TO MATURITY To be Determined by Competitive Bidding PRICE To be Determined by Competitive Bidding MATURITY November 21, 2031 INTEREST RATE Fixed at 9.625% p.a. INTEREST PAYMENT The first interest payment will become due and payable on November 23, 2026. Thereafter; interest will be due and payable half-yearly on May 23 and November 23, at the fixed interest rate of 9.625% p.a., until maturity on November 21, 2031. TAXATION Taxable INSTRUMENT TYPE Registered and transferable SUBSCRIPTION MECHANISM Investors may subscribe using their designated brokers through the JamClear- CSD for the purchase of the Notes. SUBSCRIPTION METHOD RESERVE YIELD Competitive and Non-Competitive bidding by Auction. Bids allotted on a non- competitive basis will be settled at the weighted average price for the successfully allotted competitive bids. The allocation of bids will be subject to a reserve yield. Bids above the reserve yield will not be eligible for allocation. NON-COMPETITIVE AMOUNT $800,000,000.00 REGISTRAR The Notes will be registered in an electronic format in the Jamaica Clearing and Settlement Assured in Real Time, Central Securities Depository (JamClear- CSD) at the Bank of Jamaica. PRUDENTIAL TREATMENT Will not qualify to be counted as a liquid asset BUSINESS DAY In the event that a payment day occurs on a day other than a business day, such payments will be made on the next business day PAYING AGENT Bank of Jamaica GOVERNING LAW & JURISDICTION Jamaica OPTIONAL REDEMPTION Non Call Life APPLICATIONS All applications/tenders from Brokers, Primary Dealers and Commercial Banks should be made to the Bank of Jamaica through the JamClear Central Securities Depository (JamClear®-CSD) between the hours of 9:00 a.m. to 2:00 p.m. on Friday, July 24, 2026. Settlement will be effected via accounts in the JamClear® Real-time Gross Settlement system [JamClear®-RTGS] at the Bank of Jamaica Darlene Morrison Financial Secretary Ministry of Finance & the Public Service July 20, 2026
Syndicated from Bank of Jamaica · originally published .
Legal context · powered by Jurifi
Get the legal angle on this story. Pick a prompt and Jurifi's AI will explain it using Jamaican law.
AI replies are based on Jamaican law via Jurifi. Not legal advice.
Other coverage

NCB advises customers of changes to high-value cheque processing
Jamaica Observer
MINISTER OF FINANCE ANNOUNCES SEARCH COMMITTEE FOR NEW GOVERNOR OF THE BANK OF JAMAICA
Ministry of Finance
U20 Boyz renew quest for World Cup qualification
Jamaica Star
The Fair Trading Commission will be presenting at the CARICOM Competition Commission’s (CCC) Inaugural Competition & Consumer Welfare Conference, taking place July 20–23, 2026
Jftc
The Business Report—July 20, 2026
PBC Jamaica (Video)Watch