Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 7.50% FR 30D – CD 20230120
Applications were opened on Wednesday, 18 January 2023 by Bank of Jamaica for the allocation of JMD 30,000,000,000.00 of BOJ 7.50% FR 30D-CD 20230120 through a competitive price auction. The issue date for the successful allotments is Friday, 20 January 2023.
The results from the auction are as follows:
Instrument Name: BOJ 7.50% FR 30D – CD 20230120 | |
Total Bids Received | 149 |
Total Value of Bids Received | $25,544,342,000.00 |
Total Offer Amount | $30,000,000,000.00 |
Total Successful Bids | 149 |
Total Allocated Bids | $25,544,342,000.00 |
Average Yield for Successfully Allocated Bids: | 9.82% |
Average Price for Successful Bids ($): | $99.77 |
Lowest Submitted Bid Rate (%) / Amount (JMD) | 8.50% / $318,481,000.00 |
Highest Submitted Bid Rate (%) / Amount (JMD) | 12.00% / $100,000,000.00 |
Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 12.00% / $100,000,000.00 |
Bid Rate for Partial Allocation | N/A |
Partial Allocation Percentage | N/A |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 20 January 2023, will be J$93,004,953,000.00
The next auction is scheduled for Wednesday, 25 January 2023.