Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.00% FR 30D – CD 20211029
Applications were opened on Wednesday, 27 October 2021 by Bank of Jamaica for the allocation of
JMD 7,500,000,000.00 of BOJ 2.00% FR 30D-CD 20211027 through a competitive price auction. The issue date for the successful allotments is Friday, 29 October 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.00% FR 30D – CD 20211029 | |
| Total Bids Received | 76 |
| Total Value of Bids Received | $13,012,000,000.00 |
| Total Offer Amount | $7,500,000,000.00 |
| Total Successful Bids | 37 |
| Total Allocated Bids | $7,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 3.96% |
| Average Price for Successful Bids ($): | 99.84 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 2.50% / $1,480,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.34% / $20,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.79% / $550,000,000.00 |
| Bid Rate for Partial Allocation | 4.84% |
| Partial Allocation Percentage | 84.40% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 29 October 2021, will be J$41,500,000,000.00
The next auction is scheduled for Wednesday, 03 November 2021.
