Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250417
Applications were opened on Wednesday, 16 April 2025 by Bank of Jamaica for the allocation of JMD 8,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250417 through a competitive price auction. The issue date for the successful allotments is Thursday, 17 April 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250417 | |
| Total Bids Received | 197 |
| Total Value of Bids Received | $17,735,996,000.00 |
| Total Offer Amount | $8,000,000,000.00 |
| Total Successful Bids | 126 |
| Total Allocated Bids | $8,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.56% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.33% / $500,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.00% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.70% / $502,794,000.00 |
| Bid Rate for Partial Allocation | 5.7015% |
| Partial Allocation Percentage | 62.25% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 17 April 2025, will be J$87,000,000,000.00.
The next auction is scheduled for Wednesday, 23 April 2025.
