Bonds

Bonds are secured investments for meeting your short to medium term goals. They are available in all major currencies, allowing you to earn competitive rates of return while hedging against devaluation.

Global Bonds

Global bonds provide investors with a steady way to earn income with scheduled interest payments throughout the tenure of their investment. These investments are denominated in hard-currency, providing protection from any depreciation of the Jamaican dollar.

Ideal for investors with medium to long term goals that require hard currency

Global bonds offer you capital growth and liquidity and provide diversification of risks

Available in all major currencies

A minimum nominal amount of US$10,000 or the equivalent is required Global bond investments

Interest payments are made semi-annually

There are no fees associated with Global bonds

Withholding tax is not applied to the interest payment received

Government Of Jamaica Bonds (JAD)

Consider these instruments for your medium to long term goals such as the purchase of a house or a car. These products offer a predictable stream of income as interest is paid every three or six months.

You may participate with a minimum investment of J$200,000

These instruments do attract fees and withholding tax of 25% is applied

USD Indexed Bonds

USD Indexed Bonds are ideal for mid range or large investors who seek competitive rates of return on their investments while hedging against devaluation of the local currency. The USD Indexed Bond offers a fixed rate secured investment for the short to mid term of 3 to 5 years.

You may participate with a minimum investment of J$200,000

Interest is paid every three to six months

These instruments do attract fees and withholding tax of 25% is applied

Note: Encashing before the due date may result in a capital gain or loss on your investment depending on market conditions at the time of encashment.