Offer of Jamaica Dollar Fixed Rate Certificate of Deposit
Bank of Jamaica announces the issue of a two and a half year fixed rate Certificate of Deposit. This instrument will be allocated through a competitive price auction using JamClear®-CSD. The details of this offer are as follows:
| Instrument Name: | 2.80% BOJ FR 2.5-yr-CD 20210119 |
| Auction Date: | Friday, 15 January 2021 |
| Settlement Date: | Tuesday, 19 January 2021 |
| Maturity Date: | Wednesday, 19 July 2023 |
| Tenor: | Two Years and Six Months |
| Auction Amount: | $15,000,000,000.00 |
| Coupon: | 2.80 percent per annum |
| Pricing Format: | Competitive Pricing Auction |
| Non Competitive Amount: | $750,000,000.00 |
This instrument is available directly to Primary Dealers and commercial banks. Other investors may access this instrument through a Primary Dealer.
