Notices

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

Applications were opened by Bank of Jamaica on Wednesday, 20 November 2024 for the B-FXITT Flash Intervention Tool – sale operation of USD 40 000 000.00 for allocation to Eligible Bidders for settlement on Thursday, 21 November 2024.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20241120/148
Operation Amount$40,000,000.00
Total Eligible Bids Received 1          42
Total Value of Eligible Bids Received 1$59,150,000.00
Number of Bids Allocated24
Total Value of Allocated Bids$40,000,000.00
Settlement Price for Allocated Bids 2$159.07
Highest Allocated Bid Price ($) / Amount (USD)$159.23/ $ 5,500,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$159.09/ $2,500,000.00
Bid Price for Partial Allocation159.07
Partial Allocation Percentage31.67%

[1] As per requirements in paragraph 9.0 – 12.0 in the Foreign Exchange Operation Announcement

[2] As per requirements in paragraph  5.00

Post Author: Editorial Team