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.