Notices

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

Applications were opened by Bank of Jamaica on Friday, 17 January 2025 for the B-FXITT Flash Intervention Tool – sale operation of USD 40 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 20 January 2025.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20250117/153
Operation Amount$40,000,000.00
Total Eligible Bids Received 1          48
Total Value of Eligible Bids Received 1$85,600,000.00
Number of Bids Allocated25
Total Value of Allocated Bids$40,000,000.00
Settlement Price for Allocated Bids 2$156.98
Highest Allocated Bid Price ($) / Amount (USD)$157.41 / $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$157.00 / $3,500,000.00
Bid Price for Partial Allocation$156.98
Partial Allocation Percentage25.24%

[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