Notices

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

Applications were opened by Bank of Jamaica on Tuesday, 04 January 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD 40 000 000.00 for allocation to Eligible Bidders for settlement on Wednesday, 05 January 2022.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220104/051
Operation Amount$40,000,000.00
Total Eligible Bids Received 1          43
Total Value of Eligible Bids Received[1]$68,150,000.00
Number of Bids Allocated[2]19
Total Value of Allocated Bids2$35,700,000.00
Settlement Price for Allocated Bids[3]$153.50
Highest Allocated Bid Price ($) / Amount (USD)$154.41 / $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$153.50 / $1,000,000.00
Bid Price for Partial AllocationN/A
Partial Allocation PercentageN/A

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

[2] As per requirements in paragraph 6.0 – 8.0 in the Foreign Exchange Operation Announcement

[3] As per requirements in paragraph 7.0 in the Foreign Exchange Operation Announcement

Post Author: Editorial Team