Notices

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

Applications were opened by Bank of Jamaica on Wednesday, 24 November 2021 for the B-FXITT Flash Intervention Tool – sale operation of USD 30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 26 November 2021.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20211124/049
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          41
Total Value of Eligible Bids Received[1]$59,550,000.00
Number of Bids Allocated[2]21
Total Value of Allocated Bids2$30,000,000.00
Settlement Price for Allocated Bids[3]$156.30
Highest Allocated Bid Price ($) / Amount (USD)$156.72/ $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$156.33/$2,000,000.00
Bid Price for Partial Allocation$156.30
Partial Allocation Percentage76.15%

[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: ricardom