The 14-day BoBC yield remained at 1.50 percent for a paper maturing on August 15, 2018. For a 91-day paper maturing on October 31, 2018, the yield went slightly up to 1.47 percent from 1.46 percent. The results of the auction held on July 31, 2018 are summarised below.
DATE:July 31, 2018
| Issue | BoBC150818 | BoBC311018 |
| Total Subscribed (P million) | 1 800.000 | 1 150.000 |
| Total Allotment (P million) | 1 800.000 | 1 100.000 |
| Stop-Out Price (P) | 99.942 | 99.617 |
| Stop-Out Yield (percent) | 1.52 | 1.55 |
| Simple Rate (percent) | 1.51 | 1.54 |
| Weighted average yield of winning bids (percent) | 1.50 | 1.47 |
| Simple rate for weighted average winning bids (percent) | 1.49 | 1.46 |
| Weighted average price of winning bids (P) | 99.943 | 99.638 |
| Minimum winning bid yield (percent) | 1.47 | 1.46 |
| Maximum bid yield (percent) | 1.52 | 1.83 |
| Days to Maturity | 14 | 91 |
Note:
BoBC150818 - Bids at and above P99.942 received full allotment.
BoBC0311018 - Bids at and above P99.617 received full allotment.