Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.00% US – INDEXED NOTE 2026A
Applications were opened on Monday, 27 November 2023 by Bank of Jamaica for the allocation of USD 190,000,000.00 of BOJ 6.00% US – Indexed Note 2026A through a competitive price auction. The issue date for the successful allotments is Wednesday, 29 November 2023.
The results from the auction are as follows:
| Instrument Name: BOJ 6.00% US-Indexed Note 2026A | |
| Total Bids Received | 115 |
| Total Value of Bids Received | US$113,127,600.00 |
| Total Offer Amount | US$190,000,000.00 |
| Total Successful Bids | 112 |
| Total Allocated Bids | US$113,097,600.00 |
| Average Yield for Successfully Allocated Bids: | 6.08% |
| Average Price for Successful Bids ($): | 99.83 |
| Lowest Submitted Bid Rate (%) / Amount (USD) | 4.98% / $2,500,000.00 |
| Highest Submitted Bid Rate (%) / Amount (USD) | 20.00% / $10,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (USD) | 7.51% / $10,000.00 |
| Bid Rate for Partial Allocation | N/A |
| Partial Allocation Percentage | N/A |
The total nominal outstanding amount for BOJ USD Indexed Notes on the settlement date – 29 November 2023, will be US$221,647,600.00
