Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.00% FR 30D – CD 20220805
Applications were opened on Wednesday, 03 August 2022 by Bank of Jamaica for the allocation of JMD 22,000,000,000.00 of BOJ 6.00% FR 30D-CD 20220805 through a competitive price auction. The issue date for the successful allotments is Friday, 05 August 2022.
The results from the auction are as follows:
| Instrument Name: BOJ 6.00% FR 30D – CD 20220805 | |
| Total Bids Received | 115 |
| Total Value of Bids Received | $9,542,931,000.00 |
| Total Offer Amount | $22,000,000,000.00 |
| Total Successful Bids | 115 |
| Total Allocated Bids | $8,942,931,000.00 |
| Average Yield for Successfully Allocated Bids: | 8.06% |
| Average Price for Successful Bids ($): | $99.81 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 7.00% / $19,510,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 9.999% / $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 9.999% / $100,000,000.00 |
| Bid Rate for Partial Allocation | N/A |
| Partial Allocation Percentage | N/A |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 05 August 2022, will be J$71,442,931,000.00. The next auction is scheduled for Wednesday, 10 August 2022.
