Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.00% FR 30D – CD 20250530
Applications were opened on Wednesday, 28 May 2025 by Bank of Jamaica for the allocation of JMD 45,000,000,000.00 of BOJ 6.00% FR 30D-CD 20250530 through a competitive price auction. The issue date for the successful allotments is Friday, 30 May 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.00% FR 30D – CD 20250530 | |
| Total Bids Received | 314 |
| Total Value of Bids Received | $55,762,779,000.00 |
| Total Offer Amount | $45,000,000,000.00 |
| Total Successful Bids | 292 |
| Total Allocated Bids | $45,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.73% |
| Average Price for Successful Bids ($): | $100.00 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $11,200,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.24% / $50,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.149% / $15,000,000.00 |
| Bid Rate for Partial Allocation | 6.14999% |
| Partial Allocation Percentage | 82.86% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 30 May 2025, will be J$109,000,000,000.00.
The next auction is scheduled for Wednesday, 4 June 2025.
