Notices

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

Applications were opened by Bank of Jamaica on Thursday, 12 January 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 13 January 2023.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20230112/079
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          33
Total Value of Eligible Bids Received 1 $47,250,000.00
Number of Bids Allocated 220
Total Value of Allocated Bids 2$30,000,000.00
Settlement Price for Allocated Bids 3$152.63
Highest Allocated Bid Price ($) / Amount (USD)$153.21/$2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$152.65/$2,000,000.00
Bid Price for Partial Allocation$152.63
Partial Allocation Percentage75.00%

[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