These bonds must be properly structured and distributed to make them attractive to the Jamaican diaspora, even though they do have a more intimate  6  BIS central bankers’ speeches  understanding of the economics and politics of their country of origin than non-Jamaican investors.
Measures of confidence in both economies declined significantly as all this occurred. Equity markets fell as investors shifted to the relative safety of bonds issued by the major countries – even though S&P had announced a downgrade of the US sovereign credit rating.