The 14-day BoBC yield remained at 0.76 percent for a paper maturing on September 7, 2016. The results of the auction held on August 23 are summarised below.
DATE: August 23, 2016
| ISSUE | BoBC070916 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 350.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 800.000 |
| 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) | 0.71 |
| MAXIMUM BID YIELD (percent) | 1.52 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 070916– BIDS ABOVE P99.969 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.969 RECEIVED AROUND 26.09 PERCENT OF THE AMOUNT APPLIED FOR.