The 14-day BoBC yield edged up to 1.55 percent from 1.52 percent for a paper maturing on December 19, 2018.  The results of the auction held on December 4, 2018 are summarised below.

DATE: December 4, 2018

Issue BoBC191218
Total Subscribed (P million) 3 500.000
Total Allotment (P million) 3 5000.000
Stop-Out Price (P) 99.941
Stop-Out Yield (percent) 1.55
Simple Rate (percent) 1.54
Weighted average yield of winning bids (percent) 1.55
Simple rate for weighted average winning bids (percent) 1.54
Weighted average price of winning bids (P) 99.941
Minimum winning bid yield (percent) 1.50
Maximum bid yield (percent) 1.55
Days to Maturity 14

Note: 
BoBC191218 - Bids at and above P99.941 received full allotment.