The 14-day BoBC yield fell to 4.58 percent from 4.60 for a paper maturing on May 15, 2013. The results of the auction held on April 30 are summarised below.

DATE: April 30, 2013

Issue BoBC150513
Total Subscribed (P million) 2 755.558
Total Allotment (P million) 2 000.000
Stop-Out Price (P) 99.840
Stop-Out Yield (percent) 4.60
Simple Rate (percent) 4.50
Weighted average yield of winning bids (percent) 4.59
Simple rate for weighted average winning bids (percent) 4.50
Weighted average price of winning bids (P) 99.840
Minimum winning bid yield (percent) 4.54
Maximum bid yield (percent) 4.98
Days to Maturity 13

Note: BOBC 150513 – BIDS ABOVE P99.840 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.840 RECEIVED 85.80 PERCENT OF THE AMOUNT APPLIED FOR.