The 14-day BoBC yield increased from 1.52 percent to 1.53 percent for a paper maturing on January 16, 2019. For a 91-day paper maturing on March 4, 2019, the yield went  down slightly to 1.53 percent from 1.54 percent. The results of the auction held on December 31, 2018 are summarised below.

DATE: December 31, 2018

Issue BoBC160119 BoBC030419
Total Subscribed (P million) 3 670.000  452.000
Total Allotment (P million) 3 670.000 452.000
Stop-Out Price (P) 99.944 99.612
Stop-Out Yield (percent) 1.59 1.59
Simple Rate (percent) 1.57 1.58
Weighted average yield of winning bids (percent) 1.53 1.53
Simple rate for weighted average winning bids (percent) 1.52 1.52
Weighted average price of winning bids (P) 99.946 99.626
Minimum winning bid yield (percent) 1.41 1.39
Maximum bid yield (percent) 1.59 1.59
Days to Maturity 13 90

Note: 
BoBC160119 - Bids at and above P99.944 received full allotment.
BoBC030419 - Bids at and above P99.612 received full allotment.