News Release
08 December 1999
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
$550 000 000
$450 000 000
Issue Date
1999/12/10
1999/12/10
Maturity Date
2000/09/08
2000/12/08
Tenor
273 days
364 days
The results are as follows:
273 days
Amount Applied for
Amount Allotted
Full Allotment(price)
Full Allotment(yield)
364 days
$1 138 585 000
$1 002 868 500
$550 000 000
$450 000 000
86.70555-85.98620
20.49999%-21.79001%
82.68394-81.84000
21.00000%-22.25060%
Partial Allotment (price)
85.92542
81.68041
Partial Allotment (yield)
21.89999%
22.48999%
Percentage
37.501
49.07
Average Discount
18.47%
18.04%
Average Yield
21.43%
22.00%
Total nominal amount of Treasury Bills outstanding as at Wednesday, 10 December 1999
is $10 650 000 000.00.
Applications for the next issue of Treasury Bills must be lodged at the Bank of Jamaica
by 10:30 a.m. on Tuesday, 28 December 1999.
Bank of Jamaica