The 14-day BoBC yield went up to 1.60 percent from 1.58 percent for a paper maturing on April 17, 2019. For a 91-day paper maturing on July 3, 2019, the yield went up to 1.64 percent from 1.60 percent. The results of the auction held on April 2, 2019 are summarised below.
DATE: April 2, 2019
| Issue | BoBC170419 | BoBC030719 |
|---|---|---|
| Total Subscribed (P million) | 2 000.000 | 281.000 |
| Total Allotment (P million) | 2 000.000 | 281.000 |
| Stop-Out Price (P) | 99.938 | 99.575 |
| Stop-Out Yield (percent) | 1.63 | 1.72 |
| Simple Rate (percent) | 1.62 | 1.71 |
| Weighted average yield of winning bids (percent) | 1.60 | 1.64 |
| Simple rate for weighted average winning bids (percent) | 1.59 | 1.63 |
| Weighted average price of winning bids (P) | 99.939 | 99.596 |
| Minimum winning bid yield (percent) | 1.50 | 1.54 |
| Maximum bid yield (percent) | 1.63 | 1.72 |
| Days to Maturity | 14 | 91 |
Note:
BoBC170419 - Bids at and above P99.938 received full allotment.
BoBC030719 - Bids at and above P99.575 received full allotment.