Jamaica Debt Management Strategy 2008/2009

The Government has benefited from the debt management strategies pursued over the past 10 years with progress achieved in the following areas: - the lengthening of the maturity profile of both the external and domestic components of the debt, - the using of the auction mechanism to issue securities; - the broadening of market consultations with key players; - the reducing of roll-over risk; - the reducing of pricing risk; - the minimising of cost in debt servicing - the increasing of investor confidence; and - the minimising of foreign currency risk in the domestic debt portfolio