Results for Bank of Jamaica B-FXITT Flash Intervention Tool Sale Operation

Applications were opened by Bank of Jamaica on Monday, 26 October 2020 for the B-FXITT Flash Intervention Tool - sale operation of USD 15 000 000.00 for allocation to Eligible Bidders for settlement on Tuesday, 27 October 2020.

The results of the B-FXITT sale Flash operation are as follows:

B-FXITT Flash Sale Operation Number: BOJ/FX-FS/20201026/030

Operation Amount

$15,000,000.00

Total Eligible Bids Received 1

29

Total Value of Eligible Bids Received1

$25,100,000.00

Number of Bids Accepted2

21

Total Value of Accepted Bids2

$15,000,000.00

Settlement Price for Accepted Bids3

$145.00

Highest Accepted Bid Price ($) / Amount (USD)

$146.25/$1,000,000.00

Lowest Accepted Bid Price ($) / Amount (USD)

$145.00/$500,000.00

Bid Price for Partial Allocation

$145.00

Partial Allocation Percentage

33.33%

  1. As per requirements in paragraph 9.0 - 12.0 in the Foreign Exchange Operation Announcement
  2. As per requirements in paragraph 6.0 - 8.0 in the Foreign Exchange Operation Announcement
  3. As per requirements in paragraph 7.0 in the Foreign Exchange Operation Announcement

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Bank of Jamaica published this content on 26 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2020 16:24:01 UTC