Bank of Jamaica Announces 30-Day CD Auction, 5.75% Fixed Rate

Bank of Jamaica will auction JMD 22 billion in 30-day fixed-rate certificates of deposit on 2 September 2026 at 5.75%, with JMD 20.9 billion on a competitive basis and JMD 1.1 billion non-competitive. This routine liquidity management operation signals continued tight monetary policy stance. No deviation from recent pattern; market impact limited to Jamaican money markets.