BOJ 2.80% FR CD 2023A
Applications were opened on Friday, 15 January 2021 by Bank of Jamaica for the allocation of JMD 15,000,000,000.00 of BOJ 2.80% FR CD 2023A through a competitive price auction. The issue date for the successful allotments is Tuesday, 19 January 2021.
The results from the auction are as follows:
Instrument Name: BOJ 2.80% FR CD 2023A | |
Total Bids Received | 141 |
Total Value of Bids Received | $34,733,800,000.00 |
Total Offer Amount | $15,000,000,000.00 |
Total Successful Bids | 57 |
Total Allocated Bids | $15,000,000,000.00 |
Average Yield for Successfully Allocated Bids: | 1.91% |
Average Price for Successful Bids ($): | $102.17 |
Lowest Submitted Bid Rate (%) / Amount (JMD) | 1.49%/ $1,500,000,000.00 |
Highest Submitted Bid Rate (%) / Amount (JMD) | 3.80%/ $150,000,000.00 |
Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 2.23%/$800,000,000.00 |
Bid Rate for Partial Allocation | 2.239% |
Partial Allocation Percentage | 75.00% |
The total nominal outstanding amount for BOJ 2.80% FR CD 2023A on the settlement date – 19 January 2021, will be J$15,000,000,000.00.