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 20230324
Auction Date:Wednesday, 22 March 2023
Settlement Date:Friday, 24 March 2023
Maturity Date:Friday, 21 April 2023
Auction Amount:$18,000,000,000.00
Coupon:7.50 percent per annum
Pricing Format:Competitive Pricing Auction
Non Competitive Amount:$900,000,000.00

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

This instrument is available directly to Primary Dealers and commercial banks. Other investors may access this instrument through a Primary Dealer.

Post Author: Editorial Team