Notices

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

Applications were opened by Bank of Jamaica on Friday, 15 October 2021 for the B-FXITT Flash Intervention Tool – sale operation of USD 20 000 000.00 for allocation to Eligible Bidders for settlement on Tuesday, 19 October 2021.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20211015/048
Operation Amount$20,000,000.00
Total Eligible Bids Received 1          43
Total Value of Eligible Bids Received[1]$50,450,000.00
Number of Bids Allocated[2]16
Total Value of Allocated Bids2$20,000,000.00
Settlement Price for Allocated Bids[3]$151.28
Highest Allocated Bid Price ($) / Amount (USD)$151.95/ $1,500,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$151.35/$1,500,000.00
Bid Price for Partial Allocation$151.28
Partial Allocation Percentage50.00%

[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