Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation
Applications were opened by Bank of Jamaica on Friday, 28 January 2022 for the B-FXITT Flash Intervention Tool – sale operation of USD 40 000 000.00 for allocation to Eligible Bidders for settlement on Monday, 31 January 2022.
The results of the B-FXITT sale Flash operation are as follows:
B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220128/56 | |
Operation Amount | $40,000,000.00 |
Total Eligible Bids Received 1 | 45 |
Total Value of Eligible Bids Received[1] | $83,700,000.00 |
Number of Bids Allocated[2] | 21 |
Total Value of Allocated Bids2 | $39,975,000.00 |
Settlement Price for Allocated Bids[3] | $156.50 |
Highest Allocated Bid Price ($) / Amount (USD) | $156.93/ $2,000,000.00 |
Lowest Bid Price for Full Allocation ($) / Amount (USD) | $156.55/ $2,300,000.00 |
Bid Price for Partial Allocation | 156.50 |
Partial Allocation Percentage | 47.50% |
[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