Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Wednesday, 18 October 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD40 000 000.00 for allocation to Eligible Bidders for settlement on Thursday, 19 October 2023.
The results of the B-FXITT sale Flash operation are as follows:
| B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20231018/108 | |
| Operation Amount | $40,000,000.00 |
| Total Eligible Bids Received 1 | 39 |
| Total Value of Eligible Bids Received 1 | $65,025,000.00 |
| Number of Bids Allocated 2 | 20 |
| Total Value of Allocated Bids 2 | $40,000,000.00 |
| Settlement Price for Allocated Bids 3 | $155.83 |
| Highest Allocated Bid Price ($) / Amount (USD) | $156.00 / $900,000.00 |
| Lowest Bid Price for Full Allocation ($) / Amount (USD) | $155.85 / $1,000,000.00 |
| Bid Price for Partial Allocation | $155.83 |
| Partial Allocation Percentage | 38.75% |
[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
