Bank of Jamaica Announces JMD 37B 30-Day CD Auction at 6.25%

Bank of Jamaica will auction JMD 37 billion in 30-day fixed-rate certificates of deposit at 6.25% on 7 October 2026, with JMD 35.15 billion on a competitive basis and JMD 1.85 billion non-competitive. This routine liquidity management operation signals the central bank's continued monetary stance, with the rate unchanged from prior auctions. The auction's size and rate provide a benchmark for short-term Jamaican dollar rates.