Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 2.50% FR 30D – CD 20211217
Applications were opened on Wednesday, 15 December 2021 by Bank of Jamaica for the allocation of
JMD 8,500,000,000.00 of BOJ 2.50% FR 30D-CD 20211217 through a competitive price auction. The issue date for the successful allotments is Friday, 17 December 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 2.50% FR 30D – CD 20211217 | |
| Total Bids Received | 70 |
| Total Value of Bids Received | $15,903,700,000.00 |
| Total Offer Amount | $8,500,000,000.00 |
| Total Successful Bids | 21 |
| Total Allocated Bids | $8,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 4.18% |
| Average Price for Successful Bids ($): | $99.86 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 4.00% / $400,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 9.99% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 4.24999% / $1,000,000,000.00 |
| Bid Rate for Partial Allocation | 4.25% |
| Partial Allocation Percentage | 71.98% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 17 December 2021, will be J$40,500,000,000.00
The next auction is scheduled for Wednesday, 22 December 2021.
