Results for Bank of Jamaica Fixed Rate Certificate of Deposit
6.50% BOJ FR 25-MONTH CD 2027B
Applications were opened on Tuesday, 22 April 2025 by Bank of Jamaica for the allocation of JMD 20,000,000,000.00 of 6.50% BOJ FR 25–MONTH CD 2027B through a competitive price auction. The issue date for the successful allotments is Thursday, 24 April 2025.
The results from the auction are as follows:
| Instrument Name: 6.50% BOJ FR 25 – MONTH CD 2027B | |
| Total Bids Received | 173 |
| Total Value of Bids Received | $23,529,396,000.00 |
| Total Offer Amount | $20,000,000,000.00 |
| Total number of Bids Allocated | 162 |
| Total Value of Bids Allocated | $20,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 6.46% |
| Average Price for Successful Bids ($): | $100.07 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.65% / $800,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.61% / $400,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.9988% / $200,000,000.00 |
| Bid Rate for Partial Allocation | 7.00% |
| Partial Allocation Percentage | 3.60% |
The total nominal outstanding amount for the 2-Year CDs on the settlement date –24 April 2025, will be J$158,939,825,000.00
