Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210507
Applications were opened on Wednesday, 05 May 2021 by Bank of Jamaica for the allocation of JMD 7,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210507 through a competitive price auction. The issue date for the successful allotments is Friday, 07 May 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210507 | |
| Total Bids Received | 52 |
| Total Value of Bids Received | $25,710,000,000.00 |
| Total Offer Amount | $7,000,000,000.00 |
| Total Successful Bids | 12 |
| Total Allocated Bids | $7,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.52% |
| Average Price for Successful Bids ($): | $100.04 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.46% / $50,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 3.50% / $50,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.525% / $100,000,000.00 |
| Bid Rate for Partial Allocation | 0.529% |
| Partial Allocation Percentage | 26.18% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 07 May 2021, will be J$9,400,000,000.00
The next auction is scheduled for Wednesday, 12 May 2021.
