Notices

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

Applications were opened by Bank of Jamaica on Thursday, 15 September 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 16 September 2022.  

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220915/071 
Operation Amount$30,000,000.00
Total Eligible Bids Received 1             37
Total Value of Eligible Bids Received1$52,100,000.00
Number of Bids Allocated221
Total Value of Allocated Bids2$30,000,000.00
Settlement Price for Allocated Bids3$152.05
Highest Allocated Bid Price ($) / Amount (USD)$152.38/ $800,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$152.07/ $2,000,000.00
Bid Price for Partial Allocation $152.05
Partial Allocation Percentage68.57%

[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