The 14-day BoBC yield remained at 3.09 percent for a paper maturing on March 5, 2014. The results of the auction held on February 18, are summarised below.

DATE: February 18, 2014

ISSUE BOBC050314
TOTAL SUBSCRIBED 1 078.738
TOTAL ALLOTMENT (P’ MILLION) 900.000
STOP-OUT PRICE (P) 99.883
STOP-OUT YIELD (percent) 3.10
SIMPLE RATE (percent) 3.05
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.09
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.05
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.883
MINIMUM WINNING BID YIELD (percent) 3.07
MAXIMUM BID YIELD (percent) 3.10
DAYS TO MATURITY 14

NOTE: BoBC 050314 – BIDS  ABOVE P99.883 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.883 RECEIVED 80.12 PERCENT OF THE AMOUNT APPLIED FOR.