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:1.00% BOJ FR 30D-CD 20210226
Auction Date:Wednesday, 24 February 2021
Settlement Date:Friday, 26 February 2021
Maturity Date:Friday, 26 March 2021
Auction Amount:$8,000,000,000.00
Coupon:1.00 percent per annum
Pricing Format:Competitive Pricing Auction
Non Competitive Amount:$400,000,000.00

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