Notices

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

Applications were opened by Bank of Jamaica on Thursday, 08 June 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 09 June 2023.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20230608/094
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          47
Total Value of Eligible Bids Received 1$42,200,000.00
Number of Bids Allocated 25
Total Value of Allocated Bids 2$7,000,000.00
Settlement Price for Allocated Bids 3$153.83
Highest Allocated Bid Price ($) / Amount (USD)$154.92 / $500,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$154.83 / $2,000,000.00
Bid Price for Partial AllocationN/A
Partial Allocation PercentageN/A

[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