Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Tuesday, 12 July 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD20 000 000.00 for allocation to Eligible Bidders for settlement on Wednesday, 13 July 2022.
The results of the B-FXITT sale Flash operation are as follows:
| B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220712/065 | |
| Operation Amount | $20,000,000.00 |
| Total Eligible Bids Received 1 | 38 |
| Total Value of Eligible Bids Received1 | $43,750,000.00 |
| Number of Bids Allocated2 | 13 |
| Total Value of Allocated Bids2 | $16,100,000.00 |
| Settlement Price for Allocated Bids3 | $150.00 |
| Highest Allocated Bid Price ($) / Amount (USD) | $151.15/ $3,500,000.00 |
| Lowest Bid Price for Full Allocation ($) / Amount (USD) | $150.00/ $100,000.00 |
| Bid Price for Partial Allocation | N/A |
| Partial Allocation Percentage | N/A |
[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
