Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.00% FR 30D – CD 20211112
Applications were opened on Wednesday, 10 November 2021 by Bank of Jamaica for the allocation of
JMD 12,000,000,000.00 of BOJ 2.00% FR 30D-CD 20211112 through a competitive price auction. The issue date for the successful allotments is Friday, 12 November 2021.
The results from the auction are as follows:
Instrument Name: BOJ 2.00% FR 30D – CD 20211112 | |
Total Bids Received | 78 |
Total Value of Bids Received | $17,033,000,000.00 |
Total Offer Amount | $12,000,000,000.00 |
Total Successful Bids | 57 |
Total Allocated Bids | $12,000,000,000.00 |
Average Yield for Successfully Allocated Bids: | 4.22% |
Average Price for Successful Bids ($): | 99.82 |
Lowest Submitted Bid Rate (%) / Amount (JMD) | 3.40% / $24,000,000.00 |
Highest Submitted Bid Rate (%) / Amount (JMD) | 6.20% / $200,000,000.00 |
Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.60% / $200,000,000.00 |
Bid Rate for Partial Allocation | 4.65% |
Partial Allocation Percentage | 90.80% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 12 November 2021, will be J$41,500,000,000.00
The next auction is scheduled for Wednesday, 17 November 2021.