Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D – CD 20210903
Applications were opened on Wednesday, 01 September 2021 by Bank of Jamaica for the allocation of
JMD 9,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210903 through a competitive price auction. The issue date for the successful allotments is Friday, 03 September 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210903 | |
| Total Bids Received | 40 |
| Total Value of Bids Received | $14,020,000,000.00 |
| Total Offer Amount | $9,000,000,000.00 |
| Total Successful Bids | 18 |
| Total Allocated Bids | $9,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 1.51% |
| Average Price for Successful Bids ($): | $99.96 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.50% / $1,480,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 4.25% / $50,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 1.99% / $500,000,000.00 |
| Bid Rate for Partial Allocation | 2.00% |
| Partial Allocation Percentage | 32.00% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 03 September 2021, will be J$40,000,000,000.00
The next auction is scheduled for Wednesday, 08 September 2021.
