Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Friday, 07 October 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Tuesday, 11 October 2022.
The results of the B-FXITT sale Flash operation are as follows:
B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20221007/073 | |
Operation Amount | $30,000,000.00 |
Total Eligible Bids Received 1 | 44 |
Total Value of Eligible Bids Received 1 | $58,750,000.00 |
Number of Bids Allocated 2 | 21 |
Total Value of Allocated Bids 2 | $30,000,000.00 |
Settlement Price for Allocated Bids 3 | $153.37 |
Highest Allocated Bid Price ($) / Amount (USD) | $153.86/$450,000.00 |
Lowest Bid Price for Full Allocation ($) / Amount (USD) | $153.38/$1,500,000.00 |
Bid Price for Partial Allocation | $153.37 |
Partial Allocation Percentage | 71.67% |
[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