Bank of Jamaica announces JMD 37B 30-day CD auction at 5.75%

Bank of Jamaica will auction JMD 37 billion in 30-day fixed-rate CDs at 5.75% on 16 September 2026, with JMD 35.15 billion on a competitive basis and JMD 1.85 billion non-competitive. This routine liquidity management operation signals continued monetary tightening stance, though the rate is unchanged from prior auctions. The auction's size and rate provide insight into domestic liquidity conditions and central bank policy direction.