Notices

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

Applications were opened by Bank of Jamaica on Tuesday, 15 February 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Wednesday, 16 February 2022.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220215/58
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          44
Total Value of Eligible Bids Received1   $53,500,000.00
Number of Bids Allocated224
Total Value of Allocated Bids2$30,000,000.00
Settlement Price for Allocated Bids3$157.59
Highest Allocated Bid Price ($) / Amount (USD)$157.96/ $1,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$157.60/ $6,000,000.00
Bid Price for Partial Allocation157.59
Partial Allocation Percentage50%

[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