Offer of Jamaica Dollar Fixed Rate Certificate of Deposit

Bank of Jamaica announces the offer of a one year fixed rate Certificate of Deposit. This instrument will be allocated through a competitive price auction using JamClear®-CSD. The details of this offer are as follows:

Instrument Name:2.20% BOJ FR 1yr-CD 20210414
Auction Date:Monday, 12 April 2021
Settlement Date:Wednesday, 14 April 2021
Maturity Date:Thursday, 14 April 2022
Auction Amount:$10,000,000,000.00
Coupon:2.20 percent per annum
Pricing Format:Competitive Pricing Auction
Non Competitive Amount:$500,000,000.00

This instrument is available directly to Primary Dealers and commercial banks. Other investors may access this instrument through a Primary Dealer.

Post Author: Editorial Team