Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250314
Applications were opened on Wednesday, 12 March 2025 by Bank of Jamaica for the allocation of JMD 24,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250314 through a competitive price auction. The issue date for the successful allotments is Friday, 14 March 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250314 | |
| Total Bids Received | 308 |
| Total Value of Bids Received | $38,358,437,000.00 |
| Total Offer Amount | $24,000,000,000.00 |
| Total Successful Bids | 255 |
| Total Allocated Bids | $24,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.96% |
| Average Price for Successful Bids ($): | $100.00 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.50% / $25,990,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.00% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.249% / $208,000,000.00 |
| Bid Rate for Partial Allocation | 6.25% |
| Partial Allocation Percentage | 23.54% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 14 March 2025, will be J$111,500,000,000.00.
The next auction is scheduled for Wednesday, 19 March 2025.
