Notices

Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation

Applications were opened by Bank of Jamaica on Thursday, 9 January 2025 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 10 January 2025.

The results of the B-FXITT sale Flash operation are as follows:

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20250109/152
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          46
Total Value of Eligible Bids Received[1]$67,700,000.00
Number of Bids Allocated20
Total Value of Allocated Bids$30,000,000.00
Settlement Price for Allocated Bids2$156.15
Highest Allocated Bid Price ($) / Amount (USD)$156.36 / $3,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$156.18 / $3,000,000.00
Bid Price for Partial Allocation$156.15
Partial Allocation Percentage92.31%

[1] As per requirements in paragraph 9.0 – 12.0 in the Foreign Exchange Operation Announcement

[2] As per requirements in paragraph  5.00

Post Author: Editorial Team