Govt. Acts to Maintain Financial Stability
The Bank of Jamaica has announced that effective immediately, interest rates payable on Bank of Jamaica (BoJ) Certificates of Deposit has been increased. The rates that will apply to placements for tenors ranging from 30 days to 365 days are: Tenor 30 day 60-day 90-day 120-day 180-day 365-dayNew rates 14.65 14.85 15.05 15.15 15.35 16.70Previous rates 14.00 14.20 14.40 14.50...


