Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.00% FR 30D – CD 20211119
Applications were opened on Wednesday, 17 November 2021 by Bank of Jamaica for the allocation of JMD 9,500,000,000.00 of BOJ 2.00% FR 30D-CD 20211119 through a competitive price auction. The issue date for the successful allotments is Friday, 19 November 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.00% FR 30D – CD 20211119 | |
| Total Bids Received | 75 |
| Total Value of Bids Received | $18,239,500,000.00 |
| Total Offer Amount | $9,500,000,000.00 |
| Total Successful Bids | 28 |
| Total Allocated Bids | $9,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.34% |
| Average Price for Successful Bids ($): | 99.81 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 4.00% / $285,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 6.50% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.44% / $500,000,000.00 |
| Bid Rate for Partial Allocation | 4.475% |
| Partial Allocation Percentage | 44% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 19 November 2021, will be J$41,500,000,000.00
The next auction is scheduled for Wednesday, 24 November 2021.
