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.