Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 3.00% FR 30D – CD 20220204
Applications were opened on Wednesday, 02 February 2022 by Bank of Jamaica for the allocation of JMD 14,000,000,000.00 of BOJ 3.00% FR 30D-CD 20220204 through a competitive price auction. The issue date for the successful allotments is Friday, 04 February 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 3.00% FR 30D – CD 20220204 | |
| Total Bids Received | 85 |
| Total Value of Bids Received | $23,241,100,000.00 |
| Total Offer Amount | $14,000,000,000.00 |
| Total Successful Bids | 55 |
| Total Allocated Bids | $14,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.07% |
| Average Price for Successful Bids ($): | $99.91 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 3.95% / $100,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.999%/ $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.15% / $550,000,000.00 |
| Bid Rate for Partial Allocation | 4.19999% |
| Partial Allocation Percentage | 32.89% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 04 February 2022, will be J$41,500,000,000.00
The next auction is scheduled for Wednesday, 09 February 2022.
