Notices

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

Applications were opened by Bank of Jamaica on Thursday, 11 April 2024 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 12 April 2024.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20240411/123
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          36
Total Value of Eligible Bids Received 1$54,700,000.00
Number of Bids Allocated 218
Total Value of Allocated Bids 2$30,000,000.00
Settlement Price for Allocated Bids 3$155.13
Highest Allocated Bid Price ($) / Amount (USD)$155.27 / $1,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$155.15 / $4,500,000.00
Bid Price for Partial Allocation$155.13
Partial Allocation Percentage84.00%

[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