Notices

Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210129

Applications were opened on Wednesday, 27 January 2021 by Bank of Jamaica for the allocation of JMD 10,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210129 through a competitive price auction. The issue date for the successful allotments is Friday, 29 January 2021.

The results from the auction are as follows:

  Instrument Name: BOJ 1.00% FR 30D – CD 20210129
Total Bids Received43
Total Value of Bids Received$15,616,599,000.00
Total Offer Amount$10,000,000,000.00
Total Successful Bids24
Total Allocated Bids$10,000,000,000.00
Average Yield for Successfully Allocated Bids:0.87%
Average Price for Successful Bids ($):$100.01
Lowest Submitted Bid Rate (%) / Amount (JMD)0.50% / $3,600,000.00
Highest Submitted Bid Rate (%) / Amount (JMD)3.00% / $100,000,000.00
Highest Bid Rate for Full Allocation (%) / Amount (JMD)1.30% / $500,000,000.00
Bid Rate for Partial Allocation1.45%
Partial Allocation Percentage28.22%

The total nominal outstanding amount for the 30-day CDs on the settlement date – 29 January 2021, will be J$43,500,000,000.00

The next auction is scheduled for Wednesday, 03 February 2021.

Post Author: Editorial Team