Auction Results for Bank of Jamaica 14-day Repurchase Operation
Applications were opened on Monday 31 May 2021 by Bank of Jamaica, for the provision of Jamaica Dollar liquidity, in the amount of JMD1 000 000 000.00 throughrepurchases to deposit-taking financial institutions for settlement on Tuesday, 01 June 2021.These repurchases will mature on Tuesday, 15 June 2021.
The results are as follows:
Auction Number: BOJ/R-14/20210531/294 | |
Total Eligible Bids Received | 1 |
Total Value of Eligible Bids Received | $ 1,000,000,000.00 |
Total Allocated Bids | $ 1,000,000,000.00 |
Weighted Average Interest Rate: | 2.78% |
Highest Submitted Bid Rate (%) / Amount (JMD) | 2.78% /$ 1,000,000,000.00 |
Lowest Eligible Bid Rate (%) / Amount (JMD) | 2.78% /$1,000,000,000.00 |
Highest Successful Bid Rate (%) / Amount (JMD) | 2.78% /$1,000,000,000.00 |
Lowest Bid for Full Allocation Rate (%) / Amount (JMD) | 2.78% /$1,000,000,000.00 |
Bid Rate for Partial Allocation | N/A |
Partial Allocation Percentage | N/A |
The next auction for 14-day repurchases is scheduled for Monday,07 June 2021.