The 14-day BoBC yield remained at 1.82 percent for a paper maturing on August 19, 2015 while that for a 91-day paper maturing on November 4, 2015 dropped to 2.10 percent from 2.11. The results of the auction held on August 4 are summarised below.
DATE: August 4, 2015
| Issue |
BoBC 190815 |
BoBC041115 |
| Total Subscribed (P million) | 2 825.000 | 2 234.000 |
| Total Allotment (P million) | 1 200.000 | 1 000.000 |
| Stop-Out Price (P) | 99.931 | 99.482 |
| Stop-Out Yield (percent) | 1.82 | 2.11 |
| Simple Rate (percent) | 1.80 | 2.09 |
| Weighted average yield of winning bids (percent) | 1.82 | 2.10 |
| Simple rate for weighted average winning bids (percent) | 1.80 | 2.08 |
| Weighted average price of winning bids (P) | 99.931 | 99.484 |
| Minimum winning bid yield (percent) | 1.82 |
2.07 |
| Maximum bid yield (percent) | 2.03 | 2.12 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 190815 - Bids at P99.931 received around 60.00 percent of the amount applied for.
BoBC 041115 - Bids above P99.482 received full allotment while bids at P99.482 received around 62.50 percent of the amount applied for.