Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250207
Applications were opened on Wednesday, 5 February 2025 by Bank of Jamaica for the allocation of JMD 46,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250207 through a competitive price auction. The issue date for the successful allotments is Friday, 7 February 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250207 | |
| Total Bids Received | 314 |
| Total Value of Bids Received | $62,030,097,000.00 |
| Total Offer Amount | $46,000,000,000.00 |
| Total Successful Bids | 270 |
| Total Allocated Bids | $46,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 6.02% |
| Average Price for Successful Bids ($): | $99.99 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.50% / $20,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 9.00% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.245% / $200,000,000.00 |
| Bid Rate for Partial Allocation | 6.248% |
| Partial Allocation Percentage | 21.66% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 7 February 2025, will be J$124,500,000,000.00.
The next auction is scheduled for Wednesday, 12 February 2025.
