Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 3.00% FR 30D – CD 20220107
Applications were opened on Wednesday, 05 January 2022 by Bank of Jamaica for the allocation of
JMD 11,000,000,000.00 of BOJ 3.00% FR 30D-CD 20220107 through a competitive price auction. The issue date for the successful allotments is Friday, 07 January 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 3.00% FR 30D – CD 20220107 | |
| Total Bids Received | 85 |
| Total Value of Bids Received | $21,525,500,000.00 |
| Total Offer Amount | $11,000,000,000.00 |
| Total Successful Bids | 49 |
| Total Allocated Bids | $11,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.13% |
| Average Price for Successful Bids ($): | $99.90 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 4.00% / $132,500.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 5.49999% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.19999% / $1,000,000,000.00 |
| Bid Rate for Partial Allocation | 4.20% |
| Partial Allocation Percentage | 36.56% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 07 January 2022, will be J$36,500,000,000.00
The next auction is scheduled for Wednesday, 12 January 2022.
