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25-Month FR CD Press Release – 03 June 2026
Bank of Jamaica

25-Month FR CD Press Release – 03 June 2026

Offer of Jamaica Dollar Fixed Rate Certificate of Deposit 

Bank of Jamaica announces the offer of a Twenty-Five-Month Fixed Rate Certificate of Deposit. This instrument will be allocated through a competitive price auction using JamClear®-CSD . The details of this offer are as follows: 

Instrument Name:6.00% BOJ FR 25 MONTH CD 20260610Auction Date:Monday, 8 June 2026 Settlement Date:Wednesday, 10 June 2026Maturity Date:Monday, 10 July 2028Tenor:25 MonthsAuction Amount:$55,000,000,000.00Coupon:6.00 percent per annumPricing Format:Competitive Pricing AuctionNon-Competitive Amount:$2,750,000,000.00

The allocation of bids may be subject to a reserve yield. Bids above the reserve yield will not be eligible for allocation.       

The Term Sheet will be circulated via electronic mail to all Primary Dealers and commercial banks and will also be available on the Bank’s website at 25-Month FR CD Term Sheet – 03 June 2026.

This instrument is available directly to Primary Dealers and commercial banks. Other investors may access this instrument through a Primary Dealer.

Post Author: Editorial Team

Syndicated from Bank of Jamaica · originally published .

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