Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.00% FR 30D – CD 20220715
Applications were opened on Wednesday, 13 July 2022 by Bank of Jamaica for the allocation of JMD 20,500,000,000.00 of BOJ 6.00% FR 30D-CD 20220715 through a competitive price auction. The issue date for the successful allotments is Friday, 15 July 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 6.00% FR 30D – CD 20220715 | |
| Total Bids Received | 147 |
| Total Value of Bids Received | $26,370,886,000.00 |
| Total Offer Amount | $20,500,000,000.00 |
| Total Successful Bids | 133 |
| Total Allocated Bids | $20,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 7.27% |
| Average Price for Successful Bids ($): | $99.87 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 6.55% / $50,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.25% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 7.64999% / $2,000,000,000.00 |
| Bid Rate for Partial Allocation | 7.698% |
| Partial Allocation Percentage | 86.14% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 15 July 2022, will be J$81,000,000,000.00
The next auction is scheduled for Wednesday, 20 July 2022.
