Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 4.50% FR 30D – CD 20220304
Applications were opened on Tuesday, 01 March 2022 by Bank of Jamaica for the allocation of JMD 17,000,000,000.00 of BOJ 4.50% FR 30D-CD 20220304 through a competitive price auction. The issue date for the successful allotments is Friday, 04 March 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 4.50% FR 30D – CD 20220304 | |
| Total Bids Received | 100 |
| Total Value of Bids Received | $18,145,635,000.00 |
| Total Offer Amount | $17,000,000,000.00 |
| Total Successful Bids | 95 |
| Total Allocated Bids | $17,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 6.11% |
| Average Price for Successful Bids ($): | $99.86 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.15% / $500,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.999%/ $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.999% / $100,000,000.00 |
| Bid Rate for Partial Allocation | 7.00% |
| Partial Allocation Percentage | 18.12% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 04 March 2022, will be J$54,500,000,000.00
The next auction is scheduled for Wednesday, 09 March 2022.
