Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Tuesday, 7 November 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Wednesday, 8 November 2023.
The results of the B-FXITT sale Flash operation are as follows:
B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20231107/111 | |
Operation Amount | $30,000,000.00 |
Total Eligible Bids Received 1 | 48 |
Total Value of Eligible Bids Received 1 | $79,750,000.00 |
Number of Bids Allocated 2 | 18 |
Total Value of Allocated Bids 2 | $30,000,000.00 |
Settlement Price for Allocated Bids 3 | $156.27 |
Highest Allocated Bid Price ($) / Amount (USD) | $156.39 / $2,700,000.00 |
Lowest Bid Price for Full Allocation ($) / Amount (USD) | $156.28 / $2,500,000.00 |
Bid Price for Partial Allocation | $156.27 |
Partial Allocation Percentage | 17.00% |
[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