The 14-day BoBC yield dropped to 1.10 from 1.15 percent for a paper maturing on December 30, 2015. The results of the auction held on December 15 are summarised below.
DATE: December 15, 2015
| ISSUE | BoBC301215 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 362.500 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 000.000 |
| STOP-OUT PRICE (P) | 99.956 |
| STOP-OUT YIELD (percent) | 1.15 |
| SIMPLE RATE (percent) | 1.15 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 1.10 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 1.10 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.958 |
| MINIMUM WINNING BID YIELD (percent) | 1.08 |
| MAXIMUM BID YIELD (percent) | 1.52 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 301215– BIDS ABOVE P99.956 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.956 RECEIVED AROUND 42.69 PERCENT OF THE AMOUNT APPLIED FOR.