Notices

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 Percentage3.33%

[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

Post Author: Editorial Team