Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 7.50% FR 30D – CD 20230106
Applications were opened on Wednesday, 04 January 2023 by Bank of Jamaica for the allocation ofJMD 22,500,000,000.00 of BOJ 7.50% FR 30D-CD 20230106 through a competitive price auction. The issue date for the successful allotments is Friday, 06 January 2023.
The results from the auction are as follows:
| Instrument Name: BOJ 7.50% FR 30D – CD 20230106 | |
| Total Bids Received | 202 |
| Total Value of Bids Received | $20,528,611,000.00 |
| Total Offer Amount | $22,500,000,000.00 |
| Total Successful Bids | 202 |
| Total Allocated Bids | $20,460,611,000.00 |
| Average Yield for Successfully Allocated Bids: | 9.31% |
| Average Price for Successful Bids ($): | $99.81 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 7.50% / $7,126,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 10.60% / $100,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 10.60% / $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 – 06 January 2023, will be J$78,460,611,000.00
The next auction is scheduled for Wednesday, 11 January 2023.
