Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250411
Applications were opened on Wednesday, 9 April 2025 by Bank of Jamaica for the allocation of JMD 27,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250411 through a competitive price auction. The issue date for the successful allotments is Friday, 11 April 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250411 | |
| Total Bids Received | 299 |
| Total Value of Bids Received | $50,037,907,000.00 |
| Total Offer Amount | $27,000,000,000.00 |
| Total Successful Bids | 204 |
| Total Allocated Bids | $27,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.72% |
| Average Price for Successful Bids ($): | $100.02 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.10% / $5,800,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.00% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.849% / $100,000,000.00 |
| Bid Rate for Partial Allocation | 5.85% |
| Partial Allocation Percentage | 58.10% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 11 April 2025, will be J$83,000,000,000.00.
The next auction is scheduled for Wednesday, 16 April 2025.
