Attention: The URL for Debt Management Unit website is now online.mof.gov.jm/dmu
On April 1, 1998, the Ministry of Finance and Planning assumed responsibility for all debt management functions previously undertaken by the Bank of Jamaica. With the exception of conducting primary market issues, including Treasury Bill auctions, and effecting external debt payments, the core debt management functions including debt policy and strategy formulation, debt-raising activities, a registrar and payment function for government securities and debt monitoring, now fully reside within the Ministry.
With a return of these debt management functions to the Ministry, the mandate of the Debt Management Unit (DMU) is to raise adequate levels of financing for the budget, at minimum debt service costs. At the same time, the DMU will pursue strategies to ensure that the national public debt progresses to and is maintained at sustainable levels over the medium term.
The DMU is committed to providing high quality, cost-effective and customer friendly services through well-controlled and efficient operations and highly trained professional staff.