The 14-day BoBC yield edged up to 3.05 percent from 3.02 for a paper maturing on October 8, 2014. The results of the auction held on September 23, are summarised below.
DATE: September 23, 2014
| ISSUE | BoBC081014 |
| TOTAL SUBSCRIBED | 1 620.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 100.000 |
| STOP-OUT PRICE (P) | 99.884 |
| STOP-OUT YIELD (percent) | 3.07 |
| SIMPLE RATE (percent) | 3.03 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.05 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.00 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.885 |
| MINIMUM WINNING BID YIELD (percent) | 3.02 |
| MAXIMUM BID YIELD (percent) | 3.26 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 081014 – BIDS ABOVE P99.884 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.884 RECEIVED AROUND 57.14 PERCENT OF THE AMOUNT APPLIED FOR.