JSE Secondary Market for GOJ Securities

• On March 31, 2026, the Jamaica Stock Exchange officially launched its secondary market for Government of Jamaica (GOJ) securities at the Bank of Jamaica Auditorium, marking the realisation of a vision over two decades in the making.
• The platform introduces a domestic yield curve, enhances portfolio flexibility, enables true price discovery, and promotes greater transparency, efficiency, and inclusiveness in the trading of government securities.
• The Bank of Jamaica’s Governor Richard Byles noted the platform's broader implications, including support for monetary policy assessments and enabling insurance sector professionals to derive yield curves and discount rates compliant with IFRS 17 standards, while affirming the central bank's commitment to financial modernisation.
• Keynote Speaker and Minister of Finance Hon. Fayval Williams underscored the platform's fiscal impact, noting that the development of Jamaica's domestic yield curve is expected to gradually reduce interest rates, with even a 1.0% reduction potentially saving the government billions of dollars in debt servicing costs.

(Source: JSE)