News Release 20 June 2001 TREASURY BILLS (Results) Applications were opened today at the Bank of Jamaica for $1 000 000 000.00 Treasury Bills to be dated and redeemed as follows: Offer Issue Date Maturity Date Tenor $350 000 000 2001/06/22 2001/09/14 84 days $650 000 000 2001/06/22 2001/12/21 182 days The results are as follows: 84 days 182 days Amount Applied for $506 270 600 $714 661 000 Amount Allotted $350 000 000 $650 000 000 Full Allotment(price) 96.87865-96.42824 93.47470-92.21960 Full Allotment(yield) 14.00000%-16.09502% 13.99999%-16.91999% Partial Allotment (price) 96.42718 92.20688 Partial Allotment (yield) 16.10% 16.95% Percentage Partial Allotment 50.642 68.156 Average Discount 15.20% 14.99% Average Yield 15.75% 16.20% Total nominal amount of Treasury Bills outstanding as at Friday, 22 June 2001 is $6 900 000 000.00. Applications for the next issue of Treasury Bills must be lodged at the Bank of Jamaica by 11:30 a.m. on Wednesday, 25 July 2001. Bank of Jamaica