Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210115
Applications were opened on Wednesday, 13 January 2021 by Bank of Jamaica for the allocation of JMD 9,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210115 through a competitive price auction. The issue date for the successful allotments is Friday, 15 January 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210115 | |
| Total Bids Received | 52 |
| Total Value of Bids Received | $22,350,000,000.00 |
| Total Offer Amount | $9,000,000,000.00 |
| Total Successful Bids | 22 |
| Total Allocated Bids | $9,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.68% |
| Average Price for Successful Bids ($): | $100.02 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.4899%/ $55,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.00%/ $600,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.75%/$450,000,000.00 |
| Bid Rate for Partial Allocation | 0.84% |
| Partial Allocation Percentage | 30% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 15 January 2021, will be J$40,500,000,000.00.
The next auction is scheduled for Wednesday, 20 January 2021
