Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 3.00% FR 30D – CD 20220114

Applications were opened on Wednesday, 12 January 2022 by Bank of Jamaica for the allocation of

JMD 10,500,000,000.00 of BOJ 3.00% FR 30D-CD 20220114 through a competitive price auction. The issue date for the successful allotments is Friday, 14 January 2022.  

The results from the auction are as follows:

Instrument Name: BOJ 3.00% FR 30D – CD 20220114
Total Bids Received   65
Total Value of Bids Received$22,251,500,000.00
Total Offer Amount$10,500,000,000.00
Total Successful Bids31
Total Allocated Bids$10,500,000,000.00
Average Yield for Successfully Allocated Bids:4.14%
Average Price for Successful Bids ($):$99.90
Lowest Submitted Bid Rate (%) / Amount (JMD)3.95% / $2,500,000.00
Highest Submitted Bid Rate (%) / Amount (JMD)8.999% / $200,000,000.00
Highest Bid Rate for Full Allocation (%) / Amount (JMD)4.198% / $100,000,000.00
Bid Rate for Partial Allocation4.20%
Partial Allocation Percentage99.95%

The total nominal outstanding amount for the 30-day CDs on the settlement date – 14 January 2022, will be J$38,500,000,000.00

The next auction is scheduled for Wednesday, 19 January 2022.

Post Author: ricardom