The 14-day BoBC yield edged up to 1.15 from 1.13 percent for a paper maturing on December 23, 2015. The results of the auction held on December 8 are summarised below.
DATE: December 8, 2015
| ISSUE | BoBC231215 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 712.500 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 700.000 |
| STOP-OUT PRICE (P) | 99.952 |
| STOP-OUT YIELD (percent) | 1.26 |
| SIMPLE RATE (percent) | 1.25 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 1.15 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 1.15 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.956 |
| MINIMUM WINNING BID YIELD (percent) | 1.05 |
| MAXIMUM BID YIELD (percent) | 1.55 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 231215– BIDS ABOVE P99.952 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.952 RECEIVED AROUND 24.58 PERCENT OF THE AMOUNT APPLIED FOR.