The 14-day BoBC yield edged to 1.47 percent from 1.45 percent for a paper maturing on January 3, 2018. The results of the auction held on December 19, 2017 are summarised below.
DATE: December 19, 2017

ISSUE BoBC030118
TOTAL SUBSCRIBED (P' MILLION) 1 770.000
TOTAL ALLOTMENT (P’ MILLION) 1 770.000
STOP-OUT PRICE (P) 99.944
STOP-OUT YIELD (percent) 1.47
SIMPLE RATE (percent) 1.46
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.47
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.46
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.944
MINIMUM WINNING BID YIELD (percent) 1.42
MAXIMUM BID YIELD (percent) 1.47
DAYS TO MATURITY 14

NOTE: BoBC 030118 – BIDS AT AND ABOVE P99.944 RECEIVED FULL ALLOTMENT.