The 14-day BoBC yield edged up to 3.06 percent for a paper maturing on September 11, 2013 compared to 3.00 percent in the previous auction. The results of the auction held on August 27 are summarised below.
DATE: August 27, 2013
| ISSUE | BOBC110913 |
| TOTAL SUBSCRIBED | 1 428.331 |
| TOTAL ALLOTMENT (P’MILLION) | 1 200.000 |
| STOP-OUT PRICE (P) | 99.879 |
| STOP-OUT YIELD (percent) | 3.21 |
| SIMPLE RATE (percent) | 3.16 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.06 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.03 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.884 |
| MINIMUM WINNING BID YIELD (percent) | 2.99 |
| MAXIMUM BID YIELD (percent) | 3.26 |
| DAYS TO MATURITY | 14 |
NOTE: BOBC 110913 – BIDS ABOVE P99.879 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.879 RECEIVED 78.56 PERCENT OF THE AMOUNT APPLIED FOR.