Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.50% FR 30D – CD 20211126
Applications were opened on Wednesday, 24 November 2021 by Bank of Jamaica for the allocation of
JMD 9,500,000,000.00 of BOJ 2.50% FR 30D-CD 20211126 through a competitive price auction. The issue date for the successful allotments is Friday, 26 November 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.50% FR 30D – CD 20211126 | |
| Total Bids Received | 105 |
| Total Value of Bids Received | $18,897,500,000.00 |
| Total Offer Amount | $9,500,000,000.00 |
| Total Successful Bids | 37 |
| Total Allocated Bids | $9,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.11% |
| Average Price for Successful Bids ($): | $99.87 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 3.50% / $1,480,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.00% / $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.39% / $200,000,000.00 |
| Bid Rate for Partial Allocation | 4.40% |
| Partial Allocation Percentage | 86.05% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 26 November 2021, will be J$43,500,000,000.00The next auction is scheduled for Wednesday, 01 December 2021.
