Notices

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

Applications were opened by Bank of Jamaica on Monday, 9 October 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Tuesday, 10 October 2023.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20231009/107
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          46
Total Value of Eligible Bids Received 1$45,700,000.00
Number of Bids Allocated 233
Total Value of Allocated Bids 2$30,000,000.00
Settlement Price for Allocated Bids 3$155.00
Highest Allocated Bid Price ($) / Amount (USD)$155.37 / $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$155.03 / $3,000,000.00
Bid Price for Partial Allocation$155.00
Partial Allocation Percentage23.33%

[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