The 14-day BoBC yield remained at 1.45 percent for a paper maturing on January 17, 2018. For a 91-day paper maturing on April 4, 2018, the yield went down to 1.26 percent from 1.41 percent. The results of the auction held on December 29, 2017 are summarised below.

DATE: December 29, 2017

Issue BoBC170118 BoBC040418
Total Subscribed (P million) 1 395.000 878.000
Total Allotment (P million) 1 395.000 828.000
Stop-Out Price (P) 99.944 99.635
Stop-Out Yield (percent) 1.47 1.48
Simple Rate (percent) 1.46 1.47
Weighted average yield of winning bids (percent) 1.45 1.26
Simple rate for weighted average winning bids (percent) 1.43 1.26
Weighted average price of winning bids (P) 99.945 99.688
Minimum winning bid yield (percent) 1.34 0.12
Maximum bid yield (percent) 1.47 1.51
Days to Maturity 14 91

Note: 
BoBC170118 - Bids at and above P99.944 received full allotment.
BoBC040418 - Bids at and above P99.635 received full allotment.