The 7-day BoBC yield remained the same at 1.40 percent  for a paper maturing on October 30, 2019. The results of the auction held on October 21, 2019 are summarised below.

DATE: October 21, 2019

Issue BoBC301019
Total Subscribed (P million) 4 630.000
Total Allotment (P million) 4 130.000
Stop-Out Price (P) 99.9691
Stop-Out Yield (percent) 1.42
Simple Rate (percent) 1.41
Weighted average yield of winning bids (percent) 1.40
Simple rate for weighted average winning bids (percent) 1.39
Weighted average price of winning bids (P) 99.9696
Minimum winning bid yield (percent) 1.32
Maximum bid yield (percent) 1.45
Days to Maturity 8

Note:
BoBC301019 - Bids at and above P99.9691 received full allotment.

MATTHEW WRIGHT
DIRECTOR
FINANCIAL MARKETS DEPARTMENT