Notices

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

Applications were opened by Bank of Jamaica on Thursday, 12 May 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 13 May 2022.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220512/63
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          40
Total Value of Eligible Bids Received1  $40,050,000.00
Number of Bids Allocated2  29
Total Value of Allocated Bids2$30,000,000.00
Settlement Price for Allocated Bids3$155.45
Highest Allocated Bid Price ($) / Amount (USD)$155.90/ $300,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$155.48/ $500,000.00
Bid Price for Partial Allocation$155.45
Partial Allocation Percentage70.00%

[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