Notices

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

Applications were opened by Bank of Jamaica on Thursday, 07 January 2021 for the B-FXITT Flash Intervention Tool – sale operation of USD 20 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 08 January 2021.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20210107/034
Operation Amount$20,000,000.00
Total Eligible Bids Received 142
Total Value of Eligible Bids Received1$45,300,000.00
Number of Bids Allocated220
Total Value of Allocated Bids2$20,025,000.00
Settlement Price for Allocated Bids3$143.00
Highest Allocated Bid Price ($) / Amount (USD)$143.50 / $6,100,00.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$143.01 / $500,000.00
Bid Price for Partial Allocation$143.00
Partial Allocation Percentage48.58%

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