Notices

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

Applications were opened by Bank of Jamaica on Monday, 18 January 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 January 2021.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20210118/037
Operation Amount$20,000,000.00
Total Eligible Bids Received 139
Total Value of Eligible Bids Received1$47,300,000.00
Number of Bids Allocated216
Total Value of Allocated Bids2$20,000,000.00
Settlement Price for Allocated Bids3$143.98
Highest Allocated Bid Price ($) / Amount (USD)$145.30 / $1,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$143.99 / $2,000,000.00
Bid Price for Partial Allocation$143.98
Partial Allocation Percentage25%

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