The 14-day BoBC yield dropped to 0.97 from 1.10 percent for a paper maturing on January 6, 2016. The results of the auction held on December 22 are summarised below.
DATE: December 22, 2015
| ISSUE | BoBC060116 |
| TOTAL SUBSCRIBED (P'MILLION) | 3 752.500 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 910.000 |
| STOP-OUT PRICE (P) | 99.961 |
| STOP-OUT YIELD (percent) | 1.02 |
| SIMPLE RATE (percent) | 1.02 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.97 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.96 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.963 |
| MINIMUM WINNING BID YIELD (percent) | 0.94 |
| MAXIMUM BID YIELD (percent) | 1.15 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 060116– BIDS ABOVE P99.961 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.961 RECEIVED AROUND 1.82 PERCENT OF THE AMOUNT APPLIED FOR.