Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 3.00% FR 30D – CD 20220121
Applications were opened on Wednesday, 19 January 2022 by Bank of Jamaica for the allocation of
JMD 6,500,000,000.00 of BOJ 3.00% FR 30D-CD 20220121 through a competitive price auction. The issue date for the successful allotments is Friday, 21 January 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 3.00% FR 30D – CD 20220121 | |
| Total Bids Received | 105 |
| Total Value of Bids Received | $18,156,730,000.00 |
| Total Offer Amount | $6,500,000,000.00 |
| Total Successful Bids | 40 |
| Total Allocated Bids | $6,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.06% |
| Average Price for Successful Bids ($): | $99.91 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 3.99% / $500,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.999% / $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.11% / $100,000,000.00 |
| Bid Rate for Partial Allocation | 4.12% |
| Partial Allocation Percentage | 40.67% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 21 January 2022, will be J$38,500,000,000.00
The next auction is scheduled for Wednesday, 26 January 2022.
