Notices

Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 4.75% US – INDEXED NOTE 2026B

Applications were opened on Thursday, 17 October 2024 by Bank of Jamaica for the allocation of USD 127,000,000.00 of BOJ 4.75% US – Indexed Note 2026B through a competitive price auction. The issue date for the successful allotments is Tuesday, 22 October 2024.  

The results from the auction are as follows:

Instrument Name: BOJ 4.75% US-Indexed Note 2026B
Total Bids Received   222
Total Value of Bids ReceivedUS$102,869,000.00
Total Offer AmountUS$127,000,000.00
Total Successful Bids218
Total Allocated BidsUS$100,869,000.00
Average Yield for Successfully Allocated Bids:5.14%
Average Price for Successful Bids ($):$99.20
Lowest Submitted Bid Rate (%) / Amount (USD)3.95% / $1,000,000.00
Highest Submitted Bid Rate (%) / Amount (USD)8.40% / $250,000.00
Highest Bid Rate for Full Allocation (%) / Amount (USD)7.749% / $200,000.00
Bid Rate for Partial AllocationN/A
Partial Allocation PercentageN/A

The total nominal outstanding amount for BOJ USD Indexed Notes on the settlement date – 22 October 2024, will be US$268,248,400.00.

Post Author: Editorial Team