Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210805
Applications were opened on Wednesday, 04 August 2021 by Bank of Jamaica for the allocation of JMD 8,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210805 through a competitive price auction. The issue date for the successful allotments is Thursday, 05 August 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210805 | |
| Total Bids Received | 41 |
| Total Value of Bids Received | $20,222,332,000.00 |
| Total Offer Amount | $8,000,000,000.00 |
| Total Successful Bids | 8 |
| Total Allocated Bids | $8,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.59% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.05% / $2,332,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $50,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.6189% / $3,000,000,000.00 |
| Bid Rate for Partial Allocation | 0.62% |
| Partial Allocation Percentage | 62.95% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 05 August 2021, will be J$35,000,000,000.00
The next auction is scheduled for Wednesday, 11 August 2021.
