Notices

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

Applications were opened by Bank of Jamaica on Friday, 26 January 2024 for the B-FXITT Flash Intervention Tool – sale operation of USD20 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 29 January 2024.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20240126/116
Operation Amount$20,000,000.00
Total Eligible Bids Received 1          44
Total Value of Eligible Bids Received 1$47,800,000.00
Number of Bids Allocated 220
Total Value of Allocated Bids 2$20,000,000.00
Settlement Price for Allocated Bids 3$156.07
Highest Allocated Bid Price ($) / Amount (USD)$156.15 / $2,300,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$156.08 / $100,000.00
Bid Price for Partial Allocation$156.07
Partial Allocation Percentage10.00%

[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