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Tuesday Jan 24
60 minutes ago
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The National Health Fund (NHF) is advising that its Government of Jamaica bond brokered through the now-controversial Stocks and Securities Limited (SSL) is safe.
The NHF moved Tuesday afternoon to make the clarification as the scandal rocking the entity continues to unfold.
“The JAMCLEAR-CSD, BOJ has issued a Securities Portfolio Statement to NHF this afternoon confirming proof of NHF’s ownership of GOJ bonds valuing $740, 563,020 as at January 24, 2023.
“The NHF, therefore, considers its investment in the GOJ bonds to be safe and in good standing,” the NHF said in a statement.
The NHF said SSL was one of the brokers when NHF participated in the National Debt Exchange (NDX) in 2013 where Government of Jamaica (GOJ) bonds were purchased.