Notices

Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 4.25% US – INDEXED NOTE 2029A

Applications were opened on Tuesday, 17 June 2025 by Bank of Jamaica for the allocation of USD 80,000,000.00 of BOJ 4.25% US – Indexed Note 2029A through a competitive price auction. The issue date for the successful allotments is Thursday, 19 June 2025.  

The results from the auction are as follows:

Instrument Name: BOJ 4.25% US-Indexed Note 2029A
Total Bids Received   133
Total Value of Bids ReceivedUS$58,222,800.00
Total Offer AmountUS$80,000,000.00
Total Successful Bids133
Total Allocated BidsUS$58,222,800.00
Average Yield for Successfully Allocated Bids:5.86%
Average Price for Successful Bids ($):$94.60
Lowest Submitted Bid Rate (%) / Amount (USD)4.495% / $100,000.00
Highest Submitted Bid Rate (%) / Amount (USD)8.05% / $500,000.00
Highest Bid Rate for Full Allocation (%) / Amount (USD)8.05% / $500,000.00
Bid Rate for Partial AllocationN/A
Partial Allocation PercentageN/A

The total nominal outstanding amount for BOJ USD Indexed Notes on the settlement date – 19 June 2025, will be US$326,471,200.00

Post Author: Editorial Team