NDX Impact! JNBS To Lose J$1.2 Billion

Jamaica National Building Society (JNBS) says it stands to lose J$1.2 billion from its participation in the National Debt Exchange (NDX).

The projected loss is close to J$1.3 billion that the society said it lost under the first debt swap three years ago, the JDX, according to information conveyed to JNBS members at a meeting in Kingston on Tuesday.

This entry was posted in Macroeconomic, News Ticker, Tax, Rates, Debt. Bookmark the permalink.