Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210205
Applications were opened on Wednesday, 03 February 2021 by Bank of Jamaica for the allocation of JMD 12,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210205 through a competitive price auction. The issue date for the successful allotments is Friday, 05 February 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210205 | |
| Total Bids Received | 38 |
| Total Value of Bids Received | $13,760,000,000.00 |
| Total Offer Amount | $12,000,000,000.00 |
| Total Successful Bids | 35 |
| Total Allocated Bids | $12,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 1.29% |
| Average Price for Successful Bids ($): | $99.98 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.68% / $300,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.01% / $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 2.20% / $75,000,000.00 |
| Bid Rate for Partial Allocation | 2.25% |
| Partial Allocation Percentage | 43.33% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 05 February 2021, will be J$45,000,000,000.00
The next auction is scheduled for Wednesday, 10 February 2021
