Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210423
Applications were opened on Wednesday, 21 April 2021 by Bank of Jamaica for the allocation of JMD 2,400,000,000.00 of BOJ 1.00% FR 30D-CD 20210423 through a competitive price auction. The issue date for the successful allotments is Friday, 23 April 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210423 | |
| Total Bids Received | 67 |
| Total Value of Bids Received | $12,692,000,000.00 |
| Total Offer Amount | $2,400,000,000.00 |
| Total Successful Bids | 27 |
| Total Allocated Bids | $2,400,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.50% |
| Average Price for Successful Bids ($): | $100.04 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.40% / $230,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.61% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.529% / $25,000,000.00 |
| Bid Rate for Partial Allocation | 0.53% |
| Partial Allocation Percentage | 25.71% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 23 April 2021, will be J$9,400,000,000.00
The next auction is scheduled for Wednesday, 28 April 2021.
