Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 4.50% FR 30D – CD 20220225
Applications were opened on Wednesday, 23 February 2022 by Bank of Jamaica for the allocation of
JMD 15,500,000,000.00 of BOJ 4.50% FR 30D-CD 20220225 through a competitive price auction. The issue date for the successful allotments is Friday, 25 February 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 4.50% FR 30D – CD 20220225 | |
| Total Bids Received | 123 |
| Total Value of Bids Received | $22,017,750,000.00 |
| Total Offer Amount | $15,500,000,000.00 |
| Total Successful Bids | 92 |
| Total Allocated Bids | $15,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.29% |
| Average Price for Successful Bids ($): | $99.92 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 4.15% / $105,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.999%/ $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.24% / $200,000,000.00 |
| Bid Rate for Partial Allocation | 6.25% |
| Partial Allocation Percentage | 82.08% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 25 February 2022, will be J$51,500,000,000.00
The next auction is scheduled for Tuesday, 01 March 2022.
