Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Thursday, 21 September 2023 for the B-FXITT Flash Intervention Tool – sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 22 September 2023.
The results of the B-FXITT sale Flash operation are as follows:
| B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20230921/103 | |
| Operation Amount | $30,000,000.00 |
| Total Eligible Bids Received 1 | 42 |
| Total Value of Eligible Bids Received[1] | $54,550,000.00 |
| Number of Bids Allocated[2] | 23 |
| Total Value of Allocated Bids2 | $30,000,000.00 |
| Settlement Price for Allocated Bids[3] | $155.12 |
| Highest Allocated Bid Price ($) / Amount (USD) | $155.30 / $1,050,000.00 |
| Lowest Bid Price for Full Allocation ($) / Amount (USD) | $155.13 / $2,000,000.00 |
| Bid Price for Partial Allocation | $155.12 |
| Partial Allocation Percentage | 3.33% |
[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
