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Bonds · Sovereign

Jamaica government bonds

Jamaica's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.

By currency

BondsMeasured againstCountSpread10-year spreadPriced-in 5y odds1-month changeMedian yieldHeld by US funds
USD Emerging markets, US-dollar bonds vs US Treasuries3 127 bp —10.0% +15 bp6.00% $114.1M
JMD Other foreign-currency bonds own currency: yield only, no default number1 — —— —— $7.4M

Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.

USD spread history

Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.

112 bp246 bp381 bpJan 2021Jul 20262021-01-31: 302 bp2021-02-28: 311 bp2021-03-31: 277 bp2021-04-30: 272 bp2021-05-31: 265 bp2021-06-30: 270 bp2021-07-31: 291 bp2021-08-31: 296 bp2021-09-30: 296 bp2021-10-31: 264 bp2021-11-30: 293 bp2021-12-31: 294 bp2022-01-31: 272 bp2022-02-28: 296 bp2022-03-31: 288 bp2022-04-30: 258 bp2022-05-31: 276 bp2022-06-30: 381 bp2022-07-31: 291 bp2022-08-31: 306 bp2022-09-30: 328 bp2022-10-31: 274 bp2022-11-30: 235 bp2022-12-31: 251 bp2023-01-31: 244 bp2023-02-28: 226 bp2023-03-31: 218 bp2023-04-30: 232 bp2023-05-31: 216 bp2023-06-30: 214 bp2023-07-31: 173 bp2023-08-31: 173 bp2023-09-30: 198 bp2023-10-31: 179 bp2023-11-30: 118 bp2023-12-31: 142 bp2024-01-31: 184 bp2024-02-29: 182 bp2024-03-31: 173 bp2024-04-30: 170 bp2024-05-31: 160 bp2024-06-30: 184 bp2024-07-31: 165 bp2024-08-31: 179 bp2024-09-30: 168 bp2024-10-31: 176 bp2024-11-30: 158 bp2024-12-31: 178 bp2025-01-31: 160 bp2025-02-28: 168 bp2025-03-31: 190 bp2025-04-30: 206 bp2025-05-31: 165 bp2025-06-30: 148 bp2025-07-31: 146 bp2025-08-31: 146 bp2025-09-30: 138 bp2025-10-31: 150 bp2025-11-30: 151 bp2025-12-31: 141 bp2026-01-31: 132 bp2026-02-28: 138 bp2026-03-31: 184 bp2026-04-30: 123 bp2026-06-30: 112 bp2026-07-31: 127 bp

Jamaica's USD curve

Yield to maturity of each USD bond US funds hold (3 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.

5.29%5.64%6.00%0y6y13yGOVERNMENT OF JAMAICA 6.75 2028-04-28: 5.29%GOVERNMENT OF JAMAICA 8.0 2039-03-15: 6.00%

Who holds Jamaica's debt

Fund series holding Jamaica's government and government-related bonds in their latest quarterly report: 56 now, 61 a quarter earlier. Names as reported in the filings.

Fund seriesReportBondsFace valueValue
iShares J.P. Morgan USD Emerging Markets Bond ETF2026-07-31 2$64.3M$75.2M
VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND2026-07-31 3$19.5M$22.2M
GMO Emerging Country Debt Fund2026-05-31 2$19.7M$20.8M
Fidelity New Markets Income Fund2026-06-30 1$4.9M$5.8M
Western Asset SMASh Series Core Plus Completion Fund2026-06-30 1$843.0M$5.7M
iShares Core Universal USD Bond ETF2026-07-31 3$4.9M$5.5M
iShares J.P. Morgan EM High Yield Bond ETF2026-07-31 2$4.3M$5.0M
American Beacon Developing World Income Fund2026-07-31 1$719.5M$4.7M
Western Asset Emerging Markets Debt Fund Inc.2026-06-30 1$617.0M$4.2M
SIIT EMERGING MARKETS DEBT FUND2026-05-31 1$3.8M$4.0M
Strategic Advisers Fidelity Core Income Fund2026-05-31 1$2.6M$3.1M
Fidelity Emerging Markets Debt Central Fund2026-06-30 1$2.0M$2.4M
Emerging Markets Core Fund2026-07-31 1$2.0M$2.3M
SIT Emerging Markets Debt Fund2026-06-30 1$2.1M$2.2M
Goldman Sachs Emerging Markets Debt Fund2026-06-30 2$1.8M$2.1M
Fidelity Series Emerging Markets Debt Fund2026-06-30 1$1.7M$2.0M
Western Asset Management Strategic Bond Opportunities Portfolio2026-06-30 1$227.0M$1.5M
T. Rowe Price Emerging Markets Bond Fund2026-06-30 1$1.2M$1.4M
Virtus Newfleet Multi-Sector Short Term Bond Fund2026-06-30 1$1.3M$1.4M
MFS Emerging Markets Debt Local Currency Fund2026-07-31 1$206.0M$1.4M

ETFs holding Jamaica's bonds

From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.

ETFReportBondsValue% of net assets
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF 2026-07-312$75.2M 0.51%
VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND 2026-07-313$22.2M 0.33%
IUSB iShares Core Universal USD Bond ETF 2026-07-313$5.5M 0.01%
EMHY iShares J.P. Morgan EM High Yield Bond ETF 2026-07-312$5.0M 0.81%
EMBX VanEck Emerging Markets Bond ETF 2026-06-301$1.3M 0.52%
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF 2026-07-311$1.3M 0.30%
EMHC State Street(R) SPDR(R) Bloomberg Emerging Markets USD Bond ETF 2026-06-302$1.1M 0.40%
JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF 2026-05-312$713K 1.11%
FBND Fidelity Total Bond ETF 2026-05-311$443K 0.00%
ISTB iShares Core 1-5 Year USD Bond ETF 2026-07-311$409K 0.01%
ILTB iShares Core 10+ Year USD Bond ETF 2026-05-312$357K 0.06%
GEMD Goldman Sachs Access Emerging Markets USD Bond ETF 2026-05-311$238K 0.70%
BEMB iShares J.P. Morgan Broad USD Emerging Markets Bond ETF 2026-07-311$235K 0.56%
UNIY WisdomTree VOYA Yield Enhanced USD Universal Bond Fund 2026-05-311$176K 0.01%
BNDP VANGUARD CORE-PLUS BOND INDEX ETF 2026-06-302$16K 0.01%

Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms