The 14-day BoBC yield edged up to 3.13 percent from 3.01 for a paper maturing on January 3, 2014. The results of the auction held on December 17, are summarised below.

DATE: December 17, 2013

ISSUE BOBC030114
TOTAL SUBSCRIBED 714.035
TOTAL ALLOTMENT (P’ MILLION) 714.035
STOP-OUT PRICE (P) 99.864
STOP-OUT YIELD (percent) 3.15
SIMPLE RATE (percent) 3.11
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.13
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.08
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.865
MINIMUM WINNING BID YIELD (percent) 3.08
MAXIMUM BID YIELD (percent) 3.15
DAYS TO MATURITY 16

NOTE: BoBC 030114 – BIDS AT AND  ABOVE P99.864 RECEIVED FULL ALLOTMENT.