News Release
26 November 2003
TREASURY BILL RESULTS
Applications were opened today at the Bank of Jamaica for a total of $600,000,000.00 Treasury
Bills to be dated Friday, 28 November 2003 and redeemed on Friday, 28 May 2004 (182 days)
and Friday, 26 November 2004 (364 days).
The results are as follows:
364 Days
182 Days
Amount Applied for
$359,558,800
$643,937,800
Amount Allotted
$200,000,000
$400,000,000
Full Allotment (price)
80.85059 – 80.59067
89.92805 – 89.39554
Full Allotment (yield)
23.75000 – 24.15001%
22.46156 – 23.78999%
Partial Allotment (price)
80.56477
89.39155
Partial Allotment (yield)
24.19001%
23.80000%
Percentage Partial Allotment
36.64384%
72.71100%
Average Discount
19.26%
21.00%
Average Yield
23.93%
23.46%
Total nominal amount of
$3,900,000,000.00.
Treasury Bills
outstanding as
at 28 November 2003 is
Applications for the next issue of Treasury Bills must be lodged at the Bank of Jamaica by 11:30
a.m. on Wednesday, 17 December 2003.
BANK OF JAMAICA