Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250509
Applications were opened on Wednesday, 7 May 2025 by Bank of Jamaica for the allocation of JMD 31,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250509 through a competitive price auction. The issue date for the successful allotments is Friday, 9 May 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250509 | |
| Total Bids Received | 296 |
| Total Value of Bids Received | $49,414,421,000.00 |
| Total Offer Amount | $31,000,000,000.00 |
| Total Successful Bids | 225 |
| Total Allocated Bids | $31,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.91% |
| Average Price for Successful Bids ($): | $100.00 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.50% / $158,532,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.00% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.1478% / $5,000,000.00 |
| Bid Rate for Partial Allocation | 6.148% |
| Partial Allocation Percentage | 37.66% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 9 May 2025, will be J$98,000,000,000.00.
The next auction is scheduled for Wednesday, 14 May 2025.
