The Bank of Jamaica received four bids, totalling $2.75 billion for the $2.5 billion in liquidity support it offered to deposit-taking institutions, after some entities experienced cash shortfalls.
The central bank accepted bids in line with the amount it intended to provide.
Eligible institutions included commercial banks, merchant banks, and building societies.
The average interest rate on the accepted bids was 6.18 per cent per annum.
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