Hansen Technologies : Bank of Jamaica - 30-day CD Auction Term Sheet - 27 January 2020

BANK OF JAMAICA FIXED RATE CERTIFICATE OF DEPOSIT: 1.00% FR 30D-CD 20200131

	ISIN: JMB202000049
ISSUER	BANK OF JAMAICA
AUCTION DATE	Wednesday, 29 January 2020
OFFER VOLUME	JMD 9,000,000,000.00
	JMD 8,550,000,000.00 allocated on Competitive basis
	JMD 450,000,000.00 allocated on Non-competitive basis
NON-COMPETITIVE BIDS	All bids from Public Sector Entities must be submitted as non-competitive
	bids. Bids allotted on a non-competitive basis will be settled at the weighted
	average price for the successfully allotted competitive bids.
	All bids from entities other than Public Sector entities must be submitted
	on a competitive basis.
ISSUE PRICE	To be determined through competitive bidding
ISSUE/SETTLEMENT DATE	31 January 2020
MATURITY DATE	28 February 2020
TENOR	28 days
COUPON	Fixed at 1.00% per annum
INTEREST PAYMENT	At maturity on 28 February 2020
TAXATION	Interest on this instrument is subject to the withholding of taxes.
STATUTORY/PRUDENTIAL	Will immediately qualify as a liquid asset
TREATMENT
APPLICATIONS	Applications will be received via the JamClear® Central Securities
	Depository [JamClear®-CSD] between the hours of 9:30am to 10:45 am
	on 29 January 2020. Settlement will be effected via accounts in the
	JamClear® Real-time Gross Settlement system [JamClear®-RTGS] at the
	Bank of Jamaica on 31 January 2020.
ENTITLEMENTS	Interest and principal payments will be effected through accounts housed in
	the JamClear® RTGS on the payment date.
REGISTRATION OF
SECURITIES	Issued and registered in the JamClear®-CSD, which is the only legal registrar
	for the securities issued.
MINIMUM BID SIZE	The minimum value for applications is JMD One Million Dollars
	($1, 000, 000.00).