Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.00% FR 30D – CD 20211015
Applications were opened on Wednesday, 13 October 2021 by Bank of Jamaica for the allocation of
JMD 12,000,000,000.00 of BOJ 2.00% FR 30D-CD 20211015 through a competitive price auction. The issue date for the successful allotments is Friday, 15 October 2021.
The results from the auction are as follows:
Instrument Name: BOJ 2.00% FR 30D – CD 20211015 | |
Total Bids Received | 53 |
Total Value of Bids Received | $14,061,000,000.00 |
Total Offer Amount | $12,000,000,000.00 |
Total Successful Bids | 46 |
Total Allocated Bids | $12,000,000,000.00 |
Average Yield for Successfully Allocated Bids: | 4.17% |
Average Price for Successful Bids ($): | 99.83 |
Lowest Submitted Bid Rate (%) / Amount (JMD) | 3.00% / $58,000,000.00 |
Highest Submitted Bid Rate (%) / Amount (JMD) | 7.99% / $250,000,000.00 |
Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.20% / $100,000,000.00 |
Bid Rate for Partial Allocation | 5.27% |
Partial Allocation Percentage | 34.36% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 15 October 2021, will be J$46,500,000,000.00
The next auction is scheduled for Wednesday, 20 October 2021.