Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Friday, 20 October 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD20 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 23 October 2023.
The results of the B-FXITT sale Flash operation are as follows:
| B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20231020/110 | |
| Operation Amount | $20,000,000.00 |
| Total Eligible Bids Received 1 | 44 |
| Total Value of Eligible Bids Received 1 | $37,850,000.00 |
| Number of Bids Allocated 2 | 22 |
| Total Value of Allocated Bids 2 | $20,000,000.00 |
| Settlement Price for Allocated Bids 3 | $154.39 |
| Highest Allocated Bid Price ($) / Amount (USD) | $155.31 / $500,000.00 |
| Lowest Bid Price for Full Allocation ($) / Amount (USD) | $154.51 / $2,000,000.00 |
| Bid Price for Partial Allocation | $154.39 |
| Partial Allocation Percentage | 42.50% |
[1] As per requirements in paragraph 9.0 – 12.0 in the Foreign Exchange Operation Announcement
[2] As per requirements in paragraph 6.0 – 8.0 in the Foreign Exchange Operation Announcement
[3] As per requirements in paragraph 7.0 in the Foreign Exchange Operation Announcement
