Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.25% FR 30D – CD 20250404
Applications were opened on Wednesday, 2 April 2025 by Bank of Jamaica for the allocation of JMD 42,000,000,000.00 of BOJ 6.25% FR 30D-CD 20250404 through a competitive price auction. The issue date for the successful allotments is Friday, 4 April 2025.
The results from the auction are as follows:
| Instrument Name: BOJ 6.25% FR 30D – CD 20250404 | |
| Total Bids Received | 359 |
| Total Value of Bids Received | $62,489,117,000.00 |
| Total Offer Amount | $42,000,000,000.00 |
| Total Successful Bids | 282 |
| Total Allocated Bids | $42,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 5.58% |
| Average Price for Successful Bids ($): | $100.03 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $2,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 9.99% / $250,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 5.99% / $332,156,000.00 |
| Bid Rate for Partial Allocation | 5.995% |
| Partial Allocation Percentage | 45.13% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 4 April 2025, will be J$80,000,000,000.00.
The next auction is scheduled for Wednesday, 9 April 2025.
