The 14-day BoBC yield remained at 1.52 percent for a paper maturing on November 7, 2018. The results of the auction held on October 23, 2018 are summarised below.

DATE: October 23, 2018

Issue BoBC071118
Total Subscribed (P million) 4 100.000
Total Allotment (P million) 3 900.000
Stop-Out Price (P) 99.941
Stop-Out Yield (percent) 1.55
Simple Rate (percent) 1.54
Weighted average yield of winning bids (percent) 1.52
Simple rate for weighted average winning bids (percent) 1.51
Weighted average price of winning bids (P) 99.942
Minimum winning bid yield (percent) 1.50
Maximum bid yield (percent) 1.55

Days to Maturity

14

Note: 
BoBC071118 - Bids above P99.941 received full allotment, while bids at P99.941 received 88.89 percent of amount applied for.