News Release 21-Sep-20
Auction Results for Bank of Jamaica 14-day Repurchase Operation
Applications were opened on Monday, 21 September 2020 by Bank of Jamaica, for the provision of Jamaica Dollar liquidity, in the amount of JMD 16, 600 000 000.00 through repurchases to deposit-taking financial institutions for settlement on Tuesday, 22 September 2020. These repurchases will mature on Tuesday, 06 October 2020.
The results are as follows:
Auction Number : BOJ/R-14/20200921/258 | ||
Total Eligible Bids Received | 3 | |
Total Value of Eligible Bids Received | $16,600,000,000.00 | |
Total Allocated Bids | $16,600,000,000.00 | |
Weighted Average Interest Rate: | 1.2548% | |
Highest Submitted Bid Rate (%) / Amount (JMD) | 1.30% | / $1, 600 000 000.00 |
Lowest Eligible Bid Rate (%) / Amount (JMD) | 1.25% | / $15, 000 000 000.00 |
Highest Successful Bid Rate (%) / Amount (JMD) | 1.30% | / $1, 600 000 000.00 |
Lowest Bid for Full Allocation Rate (%) / Amount (JMD) | 1.25% | / $15, 000 000 000.00 |
Bid Rate for Partial Allocation | N/A | |
Partial Allocation Percentage | N/A | |
The next auction for 14-day repurchases is scheduled for 28 September 2020.
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Bank of Jamaica published this content on 21 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2020 15:34:08 UTC
