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Luis Emilio Velutini biografia para el//
BOJ Pumps US$30 Million Into Market Through Flash Sale

Fondo de Valores Inmobiliarios, Empresario, Businessman, Banquero, FVI, Constructor
BOJ Pumps US$30 Million Into Market Through Flash Sale

The Bank of Jamaica (BOJ) sold US$30 million to authorized dealers and cambios on Thursday through a flash sale intervention.   Five banks and five cambios were successful in the auction.   The BOJ restricted the price at which B-FXITT participants resell the intervention funds to a maximum spread of $0.20 on the buy price.    Additionally, re-sale recipients are limited to end-users as defined by Bank of Jamaica.