Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.00% FR 30D – CD 20211008
Applications were opened on Wednesday, 06 October 2021 by Bank of Jamaica for the allocation of JMD 12,500,000,000.00 of BOJ 2.00% FR 30D-CD 20211008 through a competitive price auction. The issue date for the successful allotments is Friday, 08 October 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.00% FR 30D – CD 20211008 | |
| Total Bids Received | 82 |
| Total Value of Bids Received | $18,515,000,000.00 |
| Total Offer Amount | $12,500,000,000.00 |
| Total Successful Bids | 51 |
| Total Allocated Bids | $12,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 3.28% |
| Average Price for Successful Bids ($): | 99.90 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 2.00% / $5,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.499% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.20% / $150,000,000.00 |
| Bid Rate for Partial Allocation | 4.25% |
| Partial Allocation Percentage | 59.55% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 08 October 2021, will be J$46,500,000,000.00
The next auction is scheduled for Wednesday, 13 October 2021.
