Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250328
Applications were opened on Wednesday, 26 March 2025 by Bank of Jamaica for the allocation of JMD 10,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250328 through a competitive price auction. The issue date for the successful allotments is Friday, 28 March 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250328 | |
| Total Bids Received | 267 |
| Total Value of Bids Received | $33,379,215,000.00 |
| Total Offer Amount | $10,000,000,000.00 |
| Total Successful Bids | 100 |
| Total Allocated Bids | $10,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.55% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $1,700,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.00% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.645% / $2,031,000,000 |
| Bid Rate for Partial Allocation | 5.65% |
| Partial Allocation Percentage | 42.59% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 28 March 2025, will be J$80,000,000,000.00.
The next auction is scheduled for Wednesday, 2 April 2025.
