Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250214
Applications were opened on Wednesday, 12 February 2025 by Bank of Jamaica for the allocation of JMD 30,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250214 through a competitive price auction. The issue date for the successful allotments is Friday, 14 February 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250214 | |
| Total Bids Received | 299 |
| Total Value of Bids Received | $44,409,012,000.00 |
| Total Offer Amount | $30,000,000,000.00 |
| Total Successful Bids | 227 |
| Total Allocated Bids | $30,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 6.01% |
| Average Price for Successful Bids ($): | $99.99 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.70% / $17,416,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 9.00% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.138% / $50,000,000.00 |
| Bid Rate for Partial Allocation | 6.14% |
| Partial Allocation Percentage | 19.73% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 14 February 2025, will be J$121,500,000,000.00.
The next auction is scheduled for Wednesday, 19 February 2025.
