Notices

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

Applications were opened by Bank of Jamaica on Friday, 22 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 Monday, 25 November 2024.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20241122/150
Operation Amount$40,000,000.00
Total Eligible Bids Received 1         30
Total Value of Eligible Bids Received[1]$35,350,000.00
Number of Bids Allocated28
Total Value of Allocated Bids$ 34,450,000.00
Settlement Price for Allocated Bids2$157.00
Highest Allocated Bid Price ($) / Amount (USD)$159.00/ $4,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$157.00/ $1,000,000.00
Bid Price for Partial AllocationN/A
Partial Allocation PercentageN/A

[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