Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210611
Applications were opened on Wednesday, 09 June 2021 by Bank of Jamaica for the allocation of
JMD 5,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210611 through a competitive price auction. The issue date for the successful allotments is Friday, 11 June 2021.
The results from the auction are as follows:
|Instrument Name: BOJ 1.00% FR 30D – CD 20210611|
|Total Bids Received||40|
|Total Value of Bids Received||$14,490,000,000.00|
|Total Offer Amount||$5,000,000,000.00|
|Total Successful Bids||17|
|Total Allocated Bids||$5,000,000,000.00|
|Average Yield for Successfully Allocated Bids:||0.58%|
|Average Price for Successful Bids ($):||$100.03|
|Lowest Submitted Bid Rate (%) / Amount (JMD)||0.40% / $200,000,000.00|
|Highest Submitted Bid Rate (%) / Amount (JMD)||3.71% / $1,000,000,000.00|
|Highest Bid Rate for Full Allocation (%) / Amount (JMD)||0.65% / $300,000,000.00|
|Bid Rate for Partial Allocation||0.70%|
|Partial Allocation Percentage||12.00%|
The total nominal outstanding amount for the 30-day CDs on the settlement date – 11 June 2021, will be J$24,400,000,000.00.
The next auction is scheduled for Wednesday, 16 June 2021.