Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.50% FR 30D – CD 20211210
Applications were opened on Wednesday, 08 December 2021 by Bank of Jamaica for the allocation of
JMD 11,000,000,000.00 of BOJ 2.50% FR 30D-CD 20211210 through a competitive price auction. The issue date for the successful allotments is Friday, 10 December 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.50% FR 30D – CD 20211210 | |
| Total Bids Received | 104 |
| Total Value of Bids Received | $19,397,240,000.00 |
| Total Offer Amount | $11,000,000,000.00 |
| Total Successful Bids | 53 |
| Total Allocated Bids | $11,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.24% |
| Average Price for Successful Bids ($): | $99.86 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 3.990% / $10,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 9.00% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.34% / $500,000,000.00 |
| Bid Rate for Partial Allocation | 4.35% |
| Partial Allocation Percentage | 82.14% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 10 December 2021, will be J$41,500,000,000.00
The next auction is scheduled for Wednesday, 15 December 2021.
