Offer of Jamaica Dollar Fixed Rate Certificate of Deposit
Bank of Jamaica announces the offer of a two-year fixed rate Certificate of Deposit. This instrument will be allocated through a competitive price auction. The details of this offer are as follows:
| Instrument Name: | 4.50% BOJ FR 2YR–CD 20220215 |
| Auction Date: | Friday, 11 February 2022 |
| Settlement Date: | Tuesday, 15 February 2022 |
| Maturity Date: | Thursday, 15 February 2024 |
| Tenor: | Two Years |
| Auction Amount: | $20,000,000,000.00 |
| Coupon: | 4.50 percent per annum |
| Pricing Format: | Competitive Pricing Auction |
| Non-Competitive Amount: | $1,000,000,000.00 |
| Submission of Bids: | Bids should not be submitted viaJamClear®-CSD. Instead, bids should be submitted via email to BOJAuction@boj.org.jm between 9:30am to 11:30am on Friday, 11 February 2022 on the attached EXCEL template. Bids will not be accepted after 11:30am. |
The Term Sheet will be circulated via electronic mail to all Primary Dealers and commercial banks and will also be available on the Bank’s website at www.boj.org.jm.
This instrument is available directly to Primary Dealers and commercial banks. Other investors may access this instrument through a Primary Dealer.
