Markets
2.0
Bank of Jamaica announces JMD 28bn 30-day CD auction at 6.25%
Published 8 h ago1 sourceEvidence: Reported
Bank of JamaicaLow-rated sourceJM
MarketsReportedLow
2.0
Bank of Jamaica to auction 30-day fixed-rate CDs at 6.25%
Bank of Jamaica announced a 30-day fixed-rate Certificate of Deposit auction at 6.25%, allocated via competitive price auction on JamClear-CSD. This is a routine liquidity management operation, indicating the central bank's current policy rate stance. The auction provides a benchmark for short-term Jamaican dollar rates.
AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works
Score Breakdown
Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1
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