Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210514
Applications were opened on Wednesday, 12 May 2021 by Bank of Jamaica for the allocation of JMD 2,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210514 through a competitive price auction. The issue date for the successful allotments is Friday, 14 May 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210514 | |
| Total Bids Received | 108 |
| Total Value of Bids Received | $14,400,000,000.00 |
| Total Offer Amount | $2,000,000,000.00 |
| Total Successful Bids | 24 |
| Total Allocated Bids | $2,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.50% |
| Average Price for Successful Bids ($): | $100.04 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.478% / $12,500,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.97% / $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.499% / $25,000,000.00 |
| Bid Rate for Partial Allocation | 0.50% |
| Partial Allocation Percentage | 83.12% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 14 May 2021, will be J$11,400,000,000.00
The next auction is scheduled for Wednesday, 19 May 2021.
