Notices

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

Applications were opened by Bank of Jamaica on Thursday, 6 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 Friday, 7 February 2025.  

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20250206/156
Operation Amount$30,000,000.00
Total Eligible Bids Received 1             39
Total Value of Eligible Bids Received 1$66,700,000.00
Number of Bids Allocated19
Total Value of Allocated Bids$30,000,000.00
Settlement Price for Allocated Bids 2$157.43
Highest Allocated Bid Price ($) / Amount (USD)$157.54 / $1,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$157.45/ $4,900,000.00
Bid Price for Partial Allocation $157.43
Partial Allocation Percentage77.50%

[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