The 7-day BoBC yield went down to 1.37 percent from 1.61 percent for a paper maturing on September 11, 2019. The results of the auction held on September 3, 2019 are summarised below.
DATE: September 3, 2019
| Issue | BoBC110919 |
|---|---|
| Total Subscribed (P million) | 3 360.000 |
| Total Allotment (P million) | 3 350.000 |
| Stop-Out Price (P) | 99.9731 |
| Stop-Out Yield (percent) | 1.41 |
| Simple Rate (percent) | 1.40 |
| Weighted average yield of winning bids (percent) | 1.37 |
| Simple rate for weighted average winning bids (percent) | 1.36 |
| Weighted average price of winning bids (P) | 99.9740 |
| Minimum winning bid yield (percent) | 1.33 |
| Maximum bid yield (percent) | 1.58 |
| Days to Maturity | 7 |
Note:
BoBC110919 - Bids at and above P99.9731 received full allotment.
MATTHEW WRIGHT
DIRECTOR
FINANCIAL MARKETS DEPARTMENT