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 20210507 |
Auction Date: | Wednesday, 05 May 2021 |
Settlement Date: | Friday, 07 May 2021 |
Maturity Date: | Friday, 04 June 2021 |
Tenor: | 28-days |
Auction Amount: | $7,000,000,000.00 |
Coupon: | 1.00 percent per annum |
Pricing Format: | Competitive Pricing Auction |
Non Competitive Amount: | $350,000,000.00 |
This instrument is available directly to Primary Dealers and commercial banks. Other investors may access this instrument through a Primary Dealer.