Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210326
Applications were opened on Wednesday, 24 March 2021 by Bank of Jamaica for the allocation of JMD 5,400,000,000.00 of BOJ 1.00% FR 30D-CD 20210326 through a competitive price auction. The issue date for the successful allotments is Friday, 26 March 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210326 | |
| Total Bids Received | 72 |
| Total Value of Bids Received | $23,019,800,000.00 |
| Total Offer Amount | $5,400,000,000.00 |
| Total Successful Bids | 18 |
| Total Allocated Bids | $5,400,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.55% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.20% / $100,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.25% / $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.60% / $500,000,000.00 |
| Bid Rate for Partial Allocation | 0.73% |
| Partial Allocation Percentage | 20.33% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 26 March 2021, will be J$12,400,000,000.00
The next auction is scheduled for Wednesday, 31 March 2021.
