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:||7.50% BOJ FR 30D-CD 20230922|
|Auction Date:||Wednesday, 20 September 2023|
|Settlement Date:||Friday, 22 September 2023|
|Maturity Date:||Friday, 20 October 2023|
|Coupon:||7.50 percent per annum|
|Pricing Format:||Competitive Pricing Auction|
|Non Competitive Amount:||$1,750,000,000.00|
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.