21 July 2021
Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210723
Applications were opened on Wednesday, 21 July 2021 by Bank of Jamaica for the allocation of JMD 8,500,000,000.00 of BOJ 1.00% FR 30D-CD 20210723 through a competitive price auction. The issue date for the successful allotments is Friday, 23 July 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210723 | |
| Total Bids Received | 85 |
| Total Value of Bids Received | $22,350,000,000.00 |
| Total Offer Amount | $8,500,000,000.00 |
| Total Successful Bids | 50 |
| Total Allocated Bids | $8,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.58% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.52% / $25,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.41% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.61% / 1,600,000,000.00 |
| Bid Rate for Partial Allocation | 0.62% |
| Partial Allocation Percentage | 45.46% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 23 July 2021, will be J$31,000,000,000.00
The next auction is scheduled for Wednesday, 28 July 2021.
