Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210910
Applications were opened on Wednesday, 08 September 2021 by Bank of Jamaica for the allocation of JMD 11,500,000,000.00 of BOJ 1.00% FR 30D-CD 20210910 through a competitive price auction. The issue date for the successful allotments is Friday, 10 September 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210910 | |
| Total Bids Received | 75 |
| Total Value of Bids Received | $19,460,000,000.00 |
| Total Offer Amount | $11,500,000,000.00 |
| Total Successful Bids | 45 |
| Total Allocated Bids | $11,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 1.71% |
| Average Price for Successful Bids ($): | $99.94 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.88% / $200,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.50% / $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 1.999% / $100,000,000.00 |
| Bid Rate for Partial Allocation | 1.99999% |
| Partial Allocation Percentage | 18% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 10 September 2021, will be J$41,000,000,000.00
The next auction is scheduled for Wednesday, 15 September 2021.
