Notices

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

Applications were opened by Bank of Jamaica on Wednesday, 8 January 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, 9 January 2024.  

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20250108/151 
Operation Amount$30,000,000.00
Total Eligible Bids Received 1             44
Total Value of Eligible Bids Received 1$69,500,000.00
Number of Bids Allocated21
Total Value of Allocated Bids$30,000,000.00
Settlement Price for Allocated Bids 2$156.10
Highest Allocated Bid Price ($) / Amount (USD)$156.84/ $2,400,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$156.10/ $2,000,000.00
Bid Price for Partial Allocation $156.84
Partial Allocation Percentage40.00%

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