Notices

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

Applications were opened by Bank of Jamaica on Friday, 20 October 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD20 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 23 October 2023.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20231020/110
Operation Amount$20,000,000.00
Total Eligible Bids Received 1          44
Total Value of Eligible Bids Received 1$37,850,000.00
Number of Bids Allocated 222
Total Value of Allocated Bids 2$20,000,000.00
Settlement Price for Allocated Bids 3$154.39
Highest Allocated Bid Price ($) / Amount (USD)$155.31 / $500,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$154.51 / $2,000,000.00
Bid Price for Partial Allocation$154.39
Partial Allocation Percentage42.50%

[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