The 14-day BoBC yield edged up to 0.84 percent from 0.76 percent for a paper maturing on January 4, 2017. The results of the auction held on December 20 are summarised below.
DATE: December 20, 2016
| ISSUE | BoBC040117 |
| TOTAL SUBSCRIBED (P'MILLION) | 3 344.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 799.900 |
| STOP-OUT PRICE (P) | 99.961 |
| STOP-OUT YIELD (percent) | 1.02 |
| SIMPLE RATE (percent) | 1.02 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.84 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.83 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.968 |
| MINIMUM WINNING BID YIELD (percent) | 0.71 |
| MAXIMUM BID YIELD (percent) | 1.31 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 040117 – BIDS AT AND ABOVE P99.961 RECEIVED AROUND 85 PERCENT OF THE AMOUNT APPLIED FOR.