Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250321
Applications were opened on Wednesday, 19 March 2025 by Bank of Jamaica for the allocation of JMD 4,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250321 through a competitive price auction. The issue date for the successful allotments is Friday, 21 March 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250321 | |
| Total Bids Received | 134 |
| Total Value of Bids Received | $13,509,052,000.00 |
| Total Offer Amount | $4,000,000,000.00 |
| Total Successful Bids | 37 |
| Total Allocated Bids | $4,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.67% |
| Average Price for Successful Bids ($): | $100.02 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.35% / $500,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.998% / $150,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.82% / $8,000,000.00 |
| Bid Rate for Partial Allocation | 5.84% |
| Partial Allocation Percentage | 98.56% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 21 March 2025, will be J$110,000,000,000.00.
The next auction is scheduled for Wednesday, 26 March 2025.
