Notices

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

Applications were opened by Bank of Jamaica on Thursday, 17 February 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD 40 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 18 February 2022.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220217/60
Operation Amount$40,000,000.00
Total Eligible Bids Received 1          29
Total Value of Eligible Bids Received1$27,600,000.00
Number of Bids Allocated227
Total Value of Allocated Bids2$26,600,000.00
Settlement Price for Allocated Bids3$155.80
Highest Allocated Bid Price ($) / Amount (USD)$3,000,000.00/ $157.05
Lowest Bid Price for Full Allocation ($) / Amount (USD)$200,000.00/ $155.80
Bid Price for Partial AllocationN/A
Partial Allocation PercentageN/A

[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