29 September 2021
Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20211001
Applications were opened on Wednesday, 29 September 2021 by Bank of Jamaica for the allocation of
JMD 10,500,000,000.00 of BOJ 1.00% FR 30D-CD 20211001 through a competitive price auction. The issue date for the successful allotments is Friday, 01 October 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20211001 | |
| Total Bids Received | 45 |
| Total Value of Bids Received | $11,610,000,000.00 |
| Total Offer Amount | $10,500,000,000.00 |
| Total Successful Bids | 40 |
| Total Allocated Bids | $10,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 2.59% |
| Average Price for Successful Bids ($): | 99.88 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 1.35% / $1,480,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.00% / $500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.00% / $100,000,000.00 |
| Bid Rate for Partial Allocation | 4.11% |
| Partial Allocation Percentage | 2.00% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 01 October 2021, will be J$45,500,000,000.00
The next auction is scheduled for Wednesday, 06 October 2021.
