Attention: The URL for Debt Management Unit website is now online.mof.gov.jm/dmu

Glossary

Glossary

We have provided explanations of some commonly used DMU terms. Please click on a letter below.

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E Terms

1. Eurobond
A bond underwritten by international investors and sold in countries other than the country of the currency in which the issue is denominated. Jamaica issued a five-year, US$200mn Eurobond in July 1997, its first ever.

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2. Expenditure, Voted
Voted expenditure refers to those expenditures provided for in the Budget, which require Parliamentary approval and include expenditure for normal housekeeping expenses and project implementation.

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