Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 3.00% FR 30D – CD 20211231
Applications were opened on Wednesday, 29 December 2021 by Bank of Jamaica for the allocation of JMD 10,500,000,000.00 of BOJ 3.00% FR 30D-CD 20211231 through a competitive price auction. The issue date for the successful allotments is Friday, 31 December 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 3.00% FR 30D – CD 20211231 | |
| Total Bids Received | 72 |
| Total Value of Bids Received | $21,158,943,000.00 |
| Total Offer Amount | $10,500,000,000.00 |
| Total Successful Bids | 37 |
| Total Allocated Bids | $10,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.13% |
| Average Price for Successful Bids ($): | $99.90 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 4.00% / $1,300,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.99% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.23% / $300,000,000.00 |
| Bid Rate for Partial Allocation | 4.24% |
| Partial Allocation Percentage | 0.25% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 31 December 2021, will be J$36,500,000,000.00
The next auction is scheduled for Wednesday, 05 January 2022.
