Notices

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

Applications were opened by Bank of Jamaica on Thursday, 28 July 2022 for the B-FXITT Flash Intervention Tool โ€“ sale operation of USD30 000 000.00 for allocation to Eligible Bidders for settlement on Friday, 29 July 2022.

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

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20220728/069
Operation Amount$30,000,000.00
Total Eligible Bids Received 1          41
Total Value of Eligible Bids Received 1ย ย $60,500,000.00
Number of Bids Allocated 2ย ย 19
Total Value of Allocated Bids 2ย ย $30,000,000.00
Settlement Price for Allocated Bids 3ย ย $153.13
Highest Allocated Bid Price ($) / Amount (USD)$153.50/ $2,000,000.00
Lowest Bid Price for Full Allocation ($) / Amount (USD)$153.15/ $4,500,000.00
Bid Price for Partial Allocation$153.13
Partial Allocation Percentage20.00%

[1] As per requirements in paragraph 9.0 โ€“ 12.0 in the Foreign Exchange Operation Announcement

[2] As per requirements in paragraph 6.0 โ€“ 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