The 14-day BoBC yield dropped to 0.79 percent from 0.84 percent for a paper maturing on August 24, 2016. The results of the auction held on August 9 are summarised below.
DATE: August 9, 2016
| ISSUE | BoBC240816 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 470.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 700.000 |
| STOP-OUT PRICE (P) | 99.968 |
| STOP-OUT YIELD (percent) | 0.84 |
| SIMPLE RATE (percent) | 0.83 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.79 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.78 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.970 |
| MINIMUM WINNING BID YIELD (percent) | 0.65 |
| MAXIMUM BID YIELD (percent) | 1.23 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 240816– BIDS ABOVE P99.968 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.968 RECEIVED AROUND 58.33 PERCENT OF THE AMOUNT APPLIED FOR.