The 7-Day BoBC yield went down to 1.61 percent from 1.58 percent for a paper maturing on May 22, 2019. The results of the auction held on May 14, 2019 are summarised below.

DATE: May 14, 2019

Issue BoBC220519
Total Subscribed (P million) 5 560.000
Total Allotment (P million) 4 960.000
Stop-Out Price (P) 99.9691
Stop-Out Yield (percent) 1.62
Simple Rate (percent) 1.61
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) 99.9694
Minimum winning bid yield (percent) 1.51
Maximum bid yield (percent) 1.65
Days to Maturity 7

Note:
BoBC220519 - Bids at and above P99.9691 received full allotment.