The 14-day BoBC yield fell to 4.60 percent from 4.61 for a paper maturing on April 24, 2013. The results of the auction held on April 9 are summarised below.
DATE: April 9, 2013
Issue | BoBC240413 |
Total Subscribed (P million) | 1 123.058 |
Total Allotment (P million) | 800.000 |
Stop-Out Price (P) | 99.827 |
Stop-Out Yield (percent) | 4.62 |
Simple Rate (percent) | 4.52 |
Weighted average yield of winning bids (percent) | 4.60 |
Simple rate for weighted average winning bids (percent) | 4.49 |
Weighted average price of winning bids (P) | 99.828 |
Minimum winning bid yield (percent) | 4.59 |
Maximum bid yield (percent) | 4.67 |
Days to Maturity | 14 |
Note: BOBC 240413 – BIDS ABOVE P99.827 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.827 RECEIVED 54.40 PERCENT OF THE AMOUNT APPLIED FOR.