Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210212
Applications were opened on Wednesday, 10 February 2021 by Bank of Jamaica for the allocation of JMD 9,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210212 through a competitive price auction. The issue date for the successful allotments is Friday, 12 February 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210212 | |
| Total Bids Received | 56 |
| Total Value of Bids Received | $13,905,950,000.00 |
| Total Offer Amount | $9,000,000,000.00 |
| Total Successful Bids | 39 |
| Total Allocated Bids | $9,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 1.42% |
| Average Price for Successful Bids ($): | $99.97 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.65% / $1,000,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 4.50% / $800,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 2.29% / $50,000,000.00 |
| Bid Rate for Partial Allocation | 2.35% |
| Partial Allocation Percentage | 19.05% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 12 February 2021, will be J$45,000,000,000.00
The next auction is scheduled for Tuesday, 16 February 2021.
