Notices

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

Applications were opened by Bank of Jamaica on Wednesday, 05 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 Thursday, 06 January 2022.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220105/052
Operation Amount$40,000,000.00
Total Eligible Bids Received 1          44
Total Value of Eligible Bids Received[1]$76,200,000.00
Number of Bids Allocated[2]19
Total Value of Allocated Bids2$40,000,000.00
Settlement Price for Allocated Bids[3]$154.00
Highest Allocated Bid Price ($) / Amount (USD)$154.69/ $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$154.01 / $750,000.00
Bid Price for Partial Allocation$154.00
Partial Allocation Percentage62.50%

[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