Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 6.00% US – INDEXED NOTE 2026A
Applications were opened on Tuesday, 9 January 2024 by Bank of Jamaica for the allocation of USD 96,500,000.00 of BOJ 6.00% US – Indexed Note 2026A through a competitive price auction. The issue date for the successful allotments is Thursday, 11 January 2024.
The results from the auction are as follows:
| Instrument Name: BOJ 6.00% US-Indexed Note 2026A | |
| Total Bids Received | 106 |
| Total Value of Bids Received | US$55,948,900.00 |
| Total Offer Amount | US$96,500,000.00 |
| Total Successful Bids | 101 |
| Total Allocated Bids | US$54,281,800.00 |
| Average Yield for Successfully Allocated Bids: | 6.94% |
| Average Price for Successful Bids ($): | $98.67 |
| Lowest Submitted Bid Rate (%) / Amount (USD) | 5.90% / $500,000.00 |
| Highest Submitted Bid Rate (%) / Amount (USD) | 9.50% / $400,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (USD) | 8.00% / $827,800.00 |
| Bid Rate for Partial Allocation | N/A |
| Partial Allocation Percentage | N/A |
The total nominal outstanding amount for BOJ USD Indexed Notes on the settlement date – 11 January 2024, will be US$247,379,400.00
