The 14-day BoBC yield was unchanged at 0.76 percent for a paper maturing on November 23, 2016. The results of the auction held on November 8 are summarised below.

DATE: November 8, 2016

ISSUE BoBC231116
TOTAL SUBSCRIBED (P'MILLION) 3 102.200
TOTAL ALLOTMENT (P’ MILLION) 2 200.000
STOP-OUT PRICE (P) 99.969
STOP-OUT YIELD (percent) 0.81
SIMPLE RATE (percent) 0.81
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 0.76
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 0.76
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.971
MINIMUM WINNING BID YIELD (percent) 0.65
MAXIMUM BID YIELD (percent) 1.00
DAYS TO MATURITY 14

NOTE: BoBC 231116 – BIDS ABOVE P99.969 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.969 RECEIVED AROUND 95.54 PERCENT OF THE AMOUNT APPLIED FOR.