Notices

Auction Results for Bank of Jamaica 14-day Repurchase Operation

Applications were opened on Monday, 2 June 2025 by Bank of Jamaica, for the provision of Jamaica Dollar liquidity, in the amount of JMD 1 200 000 000.00 through repurchases to deposit-taking financial institutions.

The results are as follows:

Auction Number : BOJ/R-14/20250602/319 
Total Eligible Bids Received   3
Total Value of Eligible Bids Received$1,700,000,000.00
Total Allocated Bids$1,200,000,000.00
Weighted Average  Interest Rate:5.98%
Highest Submitted Bid Rate (%) /  Amount (JMD)5.98% / $ 1 200 000 000.00
Lowest Eligible Bid Rate (%) / Amount (JMD)5.80% / $ 250 000 000.00
Highest Successful Bid  Rate (%) / Amount (JMD)5.98% / $ 1 200 000 000.00
Lowest Bid for Full Allocation Rate (%) / Amount (JMD)5.98% / $ 1 200 000 000.00
Bid Rate for Partial AllocationN/A
Partial Allocation PercentageN/A

The next auction for 14-day repurchases is scheduled for Monday, 9 June 2025.

Post Author: Editorial Team