Notices

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

Applications were opened by Bank of Jamaica on Wednesday, 5 February 2025 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Thursday, 6 February 2025.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20250205/155
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          48
Total Value of Eligible Bids Received 1$72,650,000.00
Number of Bids Allocated19
Total Value of Allocated Bids$30,000,000.00
Settlement Price for Allocated Bids 2$157.78
Highest Allocated Bid Price ($) / Amount (USD)$158.10 / $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$157.82 / $1,000,000.00
Bid Price for Partial Allocation157.78
Partial Allocation Percentage55.00%

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

[2] As per requirements in paragraph  5.00

Post Author: Editorial Team