Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250502
Applications were opened on Wednesday, 30 April 2025 by Bank of Jamaica for the allocation of JMD 45,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250502 through a competitive price auction. The issue date for the successful allotments is Friday, 2 May 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250502 | |
| Total Bids Received | 289 |
| Total Value of Bids Received | $46,225,100,000.00 |
| Total Offer Amount | $45,000,000,000.00 |
| Total Successful Bids | 280 |
| Total Allocated Bids | $45,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.89% |
| Average Price for Successful Bids ($): | $100.00 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.35% / $3,913,361,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.00% / $200,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.35% / $10,000,000.00 |
| Bid Rate for Partial Allocation | 6.39888% |
| Partial Allocation Percentage | 88.49% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 2 May 2025, will be J$94,000,000,000.00.
The next auction is scheduled for Wednesday, 7 May 2025.
