Notices

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

Applications were opened by Bank of Jamaica on Friday, 9 August 2024 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 12 August 2024.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20240809/134
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          38
Total Value of Eligible Bids Received 1$67,400,000.00
Number of Bids Allocated 218
Total Value of Allocated Bids 2$30,000,000.00
Settlement Price for Allocated Bids 3$157.51
Highest Allocated Bid Price ($) / Amount (USD)$157.62 / $100,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$157.52 / $3,000,000.00
Bid Price for Partial Allocation$157.51
Partial Allocation Percentage33.85%

[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