The 7-day BoBC yield fell slightly to 1.41 percent from 1.42 percent for a paper maturing on December 4, 2019. For a 91-day paper maturing on February 26, 2020, the yield increased marginally to 1.49 percent from 1.48 percent.The results of the auction held on November 26, 2019 are summarised below.
DATE: November 26, 2019
| Issue | BoBC041219 | BOBC260220 |
|---|---|---|
| Total Subscribed (P million) | 5 105.000 | 1 535.000 |
| Total Allotment (P million) | 5 105.000 | 1 485.000 |
| Stop-Out Price (P) | 99.9727 | 99.6283 |
| Stop-Out Yield (percent) | 1.43 | 1.50 |
| Simple Rate (percent) | 1.42 | 1.50 |
| Weighted average yield of winning bids (percent) | 1.41 | 1.49 |
| Simple rate for weighted average winning bids (percent) | 1.40 | 1.48 |
| Weighted average price of winning bids (P) | 99.9731 | 99.6323 |
| Minimum winning bid yield (percent) | 1.37 | 1.46 |
| Maximum bid yield (percent) | 1.43 | 1.51 |
| Days to Maturity | 7 | 91 |
Note:
BoBC041219 - Bids at and above P99.9727 received full allotment.
BoBC260220 - Bids at and above P99.6283 received full allotment.