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JMMB Jamaica Debt Exchange Programme
08-Feb-2010

 

Jamaica Money Market Brokers Limited (JMMB) has advised that on January 26, 2010, the company completed its submission for the Jamaica Debt Exchange Offer, further to its board of directors approval regarding the company`s own portfolio of bonds . The projected impact on JMMB`s equity and profitability is minimal, with capital adequacy at 36.4% still far exceeding the Financial Services Commission`s 14% requirement.