Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210604
Applications were opened on Wednesday, 02 June 2021 by Bank of Jamaica for the allocation of JMD 7,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210604 through a competitive price auction. The issue date for the successful allotments is Friday, 04 June 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210604 | |
| Total Bids Received | 44 |
| Total Value of Bids Received | $23,905,000,000.00 |
| Total Offer Amount | $7,000,000,000.00 |
| Total Successful Bids | 10 |
| Total Allocated Bids | $7,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.51% |
| Average Price for Successful Bids ($): | $100.04 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.49% / $100,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.81% / $1,000,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.54% / $50,000,000.00 |
| Bid Rate for Partial Allocation | 0.55% |
| Partial Allocation Percentage | 67% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 04 June 2021, will be J$21,400,000,000.00
The next auction is scheduled for Wednesday, 09 June 2021.
