Notices

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

Applications were opened by Bank of Jamaica on Wednesday, 05 April 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Thursday, 06 April 2023.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20230405/085
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          41
Total Value of Eligible Bids Received 1$63,825,000.00
Number of Bids Allocated 220
Total Value of Allocated Bids 2$30,000,000.00
Settlement Price for Allocated Bids 3$152.01
Highest Allocated Bid Price ($) / Amount (USD)$152.42 / $4,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$152.02 / $2,000,000.00
Bid Price for Partial Allocation$152.01
Partial Allocation Percentage39.44%

[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