Notices

Auction Results for Bank of Jamaica 14-day Repurchase Operation

Applications were opened on Monday, 5 May 2025 by Bank of Jamaica, for the provision of Jamaica Dollar liquidity, in the amount of JMD 800 000 000.00 through repurchases to deposit-taking financial institutions.

The results are as follows:

Auction Number : BOJ/R-14/20250505/316 
Total Eligible Bids Received   2
Total Value of Eligible Bids Received$1,300,000,000.00
Total Allocated Bids$800,000,000.00
Weighted Average  Interest Rate:6.10%
Highest Submitted Bid Rate (%) /  Amount (JMD)6.10% / $ 800 000 000.00
Lowest Eligible Bid Rate (%) / Amount (JMD)5.85% / $ 500 000 000.00
Highest Successful Bid  Rate (%) / Amount (JMD)6.10% / $ 800 000 000.00
Lowest Bid for Full Allocation Rate (%) / Amount (JMD)6.10% / $ 800 000 000.00
Bid Rate for Partial AllocationN/A
Partial Allocation PercentageN/A

The next auction for 14-day repurchases is scheduled for Monday, 12 May 2025.

Post Author: Editorial Team