Notices

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

Applications were opened by Bank of Jamaica on Monday, 11 October 2021 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Tuesday, 12 October 2021.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20211011/045
Operation Amount$30,000,000.00
Total Eligible Bids Received 1         48
Total Value of Eligible Bids Received[1]$79,500,000.00
Number of Bids Allocated[2]20
Total Value of Allocated Bids2$30,000,000.00
Settlement Price for Allocated Bids[3]$149.80
Highest Allocated Bid Price ($) / Amount (USD)$150.46/ $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$149.90/ $2,000,000.00
Bid Price for Partial Allocation$149.80
Partial Allocation Percentage23.75%

[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: M. Lawes