Notices

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

Applications were opened by Bank of Jamaica on Friday, 16 April 2021 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 19 April 2021.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20210416/039
Operation Amount$30,000,000.00
Total Eligible Bids Received 133
Total Value of Eligible Bids Received1$52,400,000.00
Number of Bids Allocated219
Total Value of Allocated Bids2$30,000,000.00
Settlement Price for Allocated Bids3$150.50
Highest Allocated Bid Price ($) / Amount (USD)$151.30 / $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$150.66/ $2,000,000.00
Bid Price for Partial Allocation$150.50
Partial Allocation Percentage75.00%

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