Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250228
Applications were opened on Wednesday, 26 February 2025 by Bank of Jamaica for the allocation of JMD 36,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250228 through a competitive price auction. The issue date for the successful allotments is Friday, 28 February 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250228 | |
| Total Bids Received | 312 |
| Total Value of Bids Received | $40,608,096,000.00 |
| Total Offer Amount | $36,000,000,000.00 |
| Total Successful Bids | 295 |
| Total Allocated Bids | $36,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.98% |
| Average Price for Successful Bids ($): | $99.99 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.35% / $5,100,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 8.50% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 6.35% / $400,000,000.00 |
| Bid Rate for Partial Allocation | 6.425% |
| Partial Allocation Percentage | 54.82% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 28 February 2025, will be J$117,500,000,000.00.
The next auction is scheduled for Tuesday, 4 March 2025.
