Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.20% US – INDEXED NOTE 2024B
Applications were opened on Wednesday, 20 October 2021 by Bank of Jamaica for the allocation of USD 80,000,000.00 of BOJ 2.20% US – Indexed Note 2024B through a competitive price auction. The issue date for the successful allotments is Friday, 22 October 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.20% US-Indexed Note 2024B | |
| Total Bids Received | 110 |
| Total Value of Bids Received | US$207,379,300.00 |
| Total Offer Amount | US$80,000,000.00 |
| Total Successful Bids | 5 |
| Total Allocated Bids | US$80,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 0.31% |
| Average Price for Successful Bids ($): | 104.70 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.19% / US$46,800,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.00% / US$250,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 0.47% / US$6,000,000.00 |
| Bid Rate for Partial Allocation | 0.49% |
| Partial Allocation Percentage | 85.00% |
The total nominal outstanding amount for BOJ USD Indexed Notes on the settlement date – 22 October 2021, will be US$469,740,100.00
