The 14-day BoBC yield remained at 3.54 percent for a paper maturing on August 6, 2013 while that for 91-day maturing on November 6, 2013 edged up to 4.18 from 4.05 percent. The results of the auction held on August 6 are summarised below.
DATE: August 6, 2013
Issue | BoBC210813 | BoBC 061113 |
Total Subscribed (P million) | 1 428.091 | 2 108.161 |
Total Allotment (P million) | 1 428.091 | 1 400.000 |
Stop-Out Price (P) | 99.866 | 98.960 |
Stop-Out Yield (percent) | 3.56 | 4.28 |
Simple Rate (percent) | 3.50 | 4.22 |
Weighted average yield of winning bids (percent) | 3.54 | 4.18 |
Simple rate for weighted average winning bids (percent) | 3.47 | 4.12 |
Weighted average price of winning bids (P) | 99.867 | 98.984 |
Minimum winning bid yield (percent) | 3.50 | 4.11 |
Maximum bid yield (percent) | 3.56 | 4.31 |
Days to Maturity | 14 | 91 |
Note:
BoBC 210813 - Bids above P99.866 received full allotment.
BoBC 061113 - Bids above P98.960 received full allotment while bids at P98.960 received 94.10 percent of the amount applied for.