The 7-day BoBC yield remained the same at 1.61 percent for a paper maturing on July 31, 2019. The results of the auction held on July 23, 2019 are summarised below.

DATE: JULY 23, 2019

Issue BoBC310719
Total Subscribed (P million) 4 755.000
Total Allotment (P million) 4 755.000
Stop-Out Price (P) 99.9690
Stop-Out Yield (percent) 1.63
Simple Rate (percent) 1.62
Weighted average yield of winning bids (percent) 1.61
Simple rate for weighted average winning bids (percent) 1.60
Weighted average price of winning bids (P) 99.9693
Minimum winning bid yield (percent) 1.58
Maximum bid yield (percent) 1.63
Days to Maturity 7

Note:
BoBC310719 - Bids at and above P99.9690 received full allotment.