Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.00% FR 30D – CD 20250522
Applications were opened on Wednesday, 21 May 2025 by Bank of Jamaica for the allocation of JMD 18,000,000,000.00 of BOJ 6.00% FR 30D-CD 20250522 through a competitive price auction. The issue date for the successful allotments is Thursday, 22 May 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.00% FR 30D – CD 20250522 | |
| Total Bids Received | 237 |
| Total Value of Bids Received | $31,778,013,000.00 |
| Total Offer Amount | $18,000,000,000.00 |
| Total Successful Bids | 178 |
| Total Allocated Bids | $18,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.67% |
| Average Price for Successful Bids ($): | $100.00 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $3,840,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.00% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.815% / $35,000,000.00 |
| Bid Rate for Partial Allocation | 5.82% |
| Partial Allocation Percentage | 63.24 % |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 22 May 2025, will be J$109,000,000,000.00.
The next auction is scheduled for Wednesday, 28 May 2025.
