15 January 2020

Results for Bank of Jamaica Fixed Rate Certificate of Deposit

BOJ 1.00% FR 30D - CD 20200117

Applications were opened on Wednesday, 15 January 2020 by Bank of Jamaica for the allocation of JMD 12 900 000 000.00 of BOJ 1.00% FR 30D-CD20200117 through a competitive price auction. The issue date for the successful allotments is Friday, 17 January 2020.

The results from the auction are as follows:

Instrument Name: BOJ 1.00% FR 30D - CD 20200117

Total Bids Received

43

Total Value of Bids Received

$15,385,240,000.00

Total Offer Amount

$12,900,000,000.00

Total Successful Bids

41

Total Allocated Bids

$12,900,000,000.00

Average Yield for Successfully Allocated Bids:

1.04%

Average Price for Successful Bids ($):

$99.996

Lowest Submitted Bid Rate (%) / Amount (JMD)

0.87%/ $650,000,000.00

Highest Submitted Bid Rate(%) / Amount (JMD)

2.50% / $200,000,000.00

Highest Bid Rate for Full Allocation (%) / Amount (JMD)

1.75% / $100,000,000.00

Bid Rate for Partial Allocation

2.00%

Partial Allocation Percentage

30.49%

The next auction is scheduled for Wednesday, 22 January 2020.

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Bank of Jamaica published this content on 15 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 January 2020 18:47:04 UTC