Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Thursday, 21 November 2024 for the B-FXITT Flash Intervention Tool – sale operation of USD 50 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 22 November 2024.
The results of the B-FXITT sale Flash operation are as follows:
| B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20241121/149 | |
| Operation Amount | $50,000,000.00 |
| Total Eligible Bids Received 1 | 41 |
| Total Value of Eligible Bids Received[1] | $50,450,000.00 |
| Number of Bids Allocated | 41 |
| Total Value of Allocated Bids | $50,000,000.00 |
| Settlement Price for Allocated Bids2 | $158.00 |
| Highest Allocated Bid Price ($) / Amount (USD) | $159.22/ $550,000.00 |
| Lowest Bid Price for Full Allocation ($) / Amount (USD) | $158.00/ $8,000,000.00 |
| Bid Price for Partial Allocation | 158.00 |
| Partial Allocation Percentage | 55.00% |
[1] As per requirements in paragraph 9.0 – 12.0 in the Foreign Exchange Operation Announcement
[2] As per requirements in paragraph 5.00
