Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 7.50% FR 30D – CD 20230609
Applications were opened on Wednesday, 07 June 2023 by Bank of Jamaica for the allocation of JMD 22,000,000,000.00 of BOJ 7.50% FR 30D-CD 20230609 through a competitive price auction. The issue date for the successful allotments is Friday, 09 June 2023.
The results from the auction are as follows:
Instrument Name: BOJ 7.50% FR 30D – CD 20230609 | |
Total Bids Received | 203 |
Total Value of Bids Received | $21,360,258,000.00 |
Total Offer Amount | $22,000,000,000.00 |
Total Successful Bids | 203 |
Total Allocated Bids | $21,070,258,000.00 |
Average Yield for Successfully Allocated Bids: | 9.30% |
Average Price for Successful Bids ($): | $99.81 |
Lowest Submitted Bid Rate (%) / Amount (JMD) | 7.50% / $9,000,000.00 |
Highest Submitted Bid Rate (%) / Amount (JMD) | 13.99% / $10,000,000.00 |
Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 13.99% / $10,000,000.00 |
Bid Rate for Partial Allocation | N/A |
Partial Allocation Percentage | N/A |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 09 June 2023, will be J$114,524,227,000
The next auction is scheduled for Wednesday, 14 June 2023.