Business Content Jamaica- Bringing Jamaican Business News To Your Desktop

Why S&P punished Jamaica

A voluntary initiative by private sector financial interests to exchange higher yielding government debt instruments, for lower-yielding, but longer tenure instruments, to help the ailing Jamaican economy, may have backfired with the rating agency S&P interpreting this as a "distressed debt" call.

Set as favorite

Bookmark

Email this

Share / Save

Bookmark

Comments (0) Add Comment

Subscribe to this comment's feed

Show/hide comments

Write comment

[ Back ]

Video Highlights

Jamaica's Fiscal Deficit 12% More Than Projected

JMMB is Lead Broker in JPSco's US $173M Bond

Strictly Business Feature: Consolidated Bakeries Ltd.

Strictly Business Features Jamaica Producers Group

Jamaica Seeking Longer-term New IMF Agreement

Jamaica's New Finance Minister Allays Fear of High Interest Rates

The Present and the Future Plans for LIME

New Jamaican PM Promises Fiscal Discipline

Home

Jamaica Business Consultant Wants Shift In Thinking.

Dexter scores big win in 2011 Young Investors competition!

Our Young Investors Stock Market Competition has ended for 2011 and the highlight of the year was of course, Dexter Smith's dominant display. Smith won each of the four quarters impressively with [ ... ]

+ Read More

Investment Opportunities for Jamaicans

Pan Caribbean believes that even with the changed interest rate regime; the impact of the Jamaica debt exchange; and the buffeting Jamaica has taken from global recessionary trends, there [ ... ]

A confident Dexter Smith has taken a break, maintaining a cash-only portfolio worth over JA $1.2 million and a virtually unassailable lead in the final quarter of the Young Investors' Stock Market Co [ ... ]