Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210108
Applications were opened on Wednesday, 06 January 2021 by Bank of Jamaica for the allocation of JMD 10,500,000,000.00 of BOJ 1.00% FR 30D-CD 20210108 through a competitive price auction. The issue date for the successful allotments is Friday, 08 January 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210108 | |
| Total Bids Received | 80 |
| Total Value of Bids Received | $19,810,000,000.00 |
| Total Offer Amount | $10,500,000,000.00 |
| Total Successful Bids | 57 |
| Total Allocated Bids | $10,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.63% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.4899%/ $35,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.00%/ $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.90%/$100,000,000.00 |
| Bid Rate for Partial Allocation | 0.95% |
| Partial Allocation Percentage | 45.00% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 08 January 2021, will be J$37,500,000,000.00.
The next auction is scheduled for Wednesday, 13 January 2021.
