Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250516
Applications were opened on Wednesday, 14 May 2025 by Bank of Jamaica for the allocation of JMD 15,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250516 through a competitive price auction. The issue date for the successful allotments is Friday, 16 May 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250516 | |
| Total Bids Received | 224 |
| Total Value of Bids Received | $33,560,805,000.00 |
| Total Offer Amount | $15,000,000,000.00 |
| Total Successful Bids | 137 |
| Total Allocated Bids | $15,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.77% |
| Average Price for Successful Bids ($): | $100.01 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $15,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.10% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.995% / $209,295,000.00 |
| Bid Rate for Partial Allocation | 5.998% |
| Partial Allocation Percentage | 43.64% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 16 May 2025, will be J$105,000,000,000.00.
The next auction is scheduled for Wednesday, 21 May 2025.
