27 January 2021
Results for Bank of Jamaica Fixed Rate Certificate of Deposit
BOJ 1.00% FR 30D - CD 20210129
Applications were opened on Wednesday, 27 January 2021 by Bank of Jamaica for the allocation of JMD 10,000,000,000.00 of BOJ 1.00% FR 30D-CD20210129 through a competitive price auction. The issue date for the successful allotments is Friday, 29 January 2021.
The results from the auction are as follows:
Instrument Name: BOJ 1.00% FR 30D - CD 20210129
Total Bids Received | 43 | |
Total Value of Bids Received | $15,616,599,000.00 | |
Total Offer Amount | $10,000,000,000.00 | |
Total Successful Bids | 24 | |
Total Allocated Bids | $10,000,000,000.00 | |
Average Yield for Successfully Allocated Bids: | 0.87% | |
Average Price for Successful Bids ($): | $100.01 | |
Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.50% | / $3,600,000.00 |
Highest Submitted Bid Rate (%) / Amount (JMD) | 3.00% | / $100,000,000.00 |
Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 1.30% | / $500,000,000.00 |
Bid Rate for Partial Allocation | 1.45% | |
Partial Allocation Percentage | 28.22% | |
The total nominal outstanding amount for the 30-day CDs on the settlement date - 29 January 2021, will be J$43,500,000,000.00
The next auction is scheduled for Wednesday, 03 February 2021
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Bank of Jamaica published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2021 20:07:04 UTC
