News Release
23 February 2000
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
$350 000 000
$650 000 000
Issue Date
Maturity Date
2000/02/25
2000/02/25
2000/05/26
2000/08/25
Tenor
91 days
182 days
The results are as follows:
91 days
182 days
Amount Applied for
$810 130 400
$1 935 234 000
Amount Allotted
$350 000 000
$650 000 000
Full Allotment(price)
95.59103-95.25053
91.86943-90.77739
Full Allotment(yield)
18.49999%-19.99996%
17.74890%-20.37500%
Partial Allotment (price)
95.25052
90.77000
Partial Allotment (yield)
20.00001%
20.39298%
Percentage
20.71
32.896
Average Discount
18.71%
18.23%
Average Yield
19.63%
20.05%
Total nominal amount of Treasury Bills outstanding as at Friday, 25 February 2000 is $10
900 000 000.00.
Applications for the next issue of Treasury Bills must be lodged at the Bank of Jamaica
by 10:30 a.m. on Monday, 13 March 2000.
Bank of Jamaica