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 Bids | 31 |
| 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 Allocation | 4.20% |
| Partial Allocation Percentage | 99.95% |
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.
