The 14-day BoBC yield went down to 1.50 percent from 1.55 percent for a paper maturing on December 27, 2018.  The results of the auction held on December 11, 2018 are summarised below.

DATE: December 11, 2018

Issue BoBC271218
Total Subscribed (P million) 2 700.000
Total Allotment (P million) 1 600.000
Stop-Out Price (P) 99.937
Stop-Out Yield (percent) 1.55
Simple Rate (percent) 1.53
Weighted average yield of winning bids (percent) 1.50
Simple rate for weighted average winning bids (percent) 1.49
Weighted average price of winning bids (P) 99.939
Minimum winning bid yield (percent) 1.40
Maximum bid yield (percent) 1.60
Days to Maturity 15

Note: 
BoBC271218 - Bids at and above P99.937 received full allotment.