Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210820
Applications were opened on Wednesday, 18 August 2021 by Bank of Jamaica for the allocation of JMD 10,500,000,000.00 of BOJ 1.00% FR 30D-CD 20210820 through a competitive price auction. The issue date for the successful allotments is Friday, 20 August 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210820 | |
| Total Bids Received | 44 |
| Total Value of Bids Received | $15,700,000,000.00 |
| Total Offer Amount | $10,500,000,000.00 |
| Total Successful Bids | 28 |
| Total Allocated Bids | $10,500,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 1.23% |
| Average Price for Successful Bids ($): | $99.98 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.60% / $2,200,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 5.00% / $600,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 1.95% / $250,000,000.00 |
| Bid Rate for Partial Allocation | 1.99% |
| Partial Allocation Percentage | 14.38% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 20 August 2021, will be J$39,000,000,000.00
The next auction is scheduled for Wednesday, 25 August 2021.
