Offer of Jamaica Dollar Fixed Rate Certificate of Deposit
Bank of Jamaica announces the issue of a 30-day 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: | 6.25% BOJ FR 30D-CD 20250417 |
| Auction Date: | Wednesday, 16 April 2025 |
| Settlement Date: | Thursday, 17 April 2025 |
| Maturity Date: | Friday, 16 May 2025 |
| Tenor: | 29-days |
| Auction Amount: | $8,000,000,000.00 |
| Coupon: | 6.25 percent per annum |
| Pricing Format: | Competitive Pricing Auction |
| Non Competitive Amount: | $400,000,000.00 |
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.
Please be advised that, in light of the upcoming bank holiday on Friday, 18 April 2025, settlement for the BOJ FR 30-Day CD auction scheduled for Wednesday, 16 April 2025, will be effected on Thursday, 17 April 2025 and coincides with the maturity date of BOJ FR 30-day CD auctioned on Wednesday, 19 March 2025.
