The 14-day BoBC yield remained at 1.50 percent for a paper maturing on August 22, 2018. The results of the auction held on August 7, 2018 are summarised below.

DATE: August 7, 2018

Issue BoBC220818
Total Subscribed (P million) 2 860.000
Total Allotment (P million) 2 860.000
Stop-Out Price (P) 99.942
Stop-Out Yield (percent) 1.52
Simple Rate (percent) 1.51
Weighted average yield of winning bids (percent) 1.50
Simple rate for weighted average winning bids (percent) 1.49
Weighted average price of winning bids (P) 99.943
Minimum winning bid yield (percent) 1.47
Maximum bid yield (percent) 1.52
Days to Maturity 14

Note: 
BoBC220818 - Bids at and above P99.942 received full allotment.