Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210827
Applications were opened on Wednesday, 25 August 2021 by Bank of Jamaica for the allocation of JMD 10,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210827 through a competitive price auction. The issue date for the successful allotments is Friday, 27 August 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210827 | |
| Total Bids Received | 42 |
| Total Value of Bids Received | $15,780,000,000.00 |
| Total Offer Amount | $10,000,000,000.00 |
| Total Successful Bids | 19 |
| Total Allocated Bids | $10,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 1.52% |
| Average Price for Successful Bids ($): | $99.96 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.86% / $200,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 7.00% / $50,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 1.85% / $1,250,000,000.00 |
| Bid Rate for Partial Allocation | 1.90% |
| Partial Allocation Percentage | 41.60% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 27 August 2021, will be J$39,000,000,000.00
The next auction is scheduled for Wednesday, 01 September 2021.
