The 14-day BoBC yield edged up to 1.13 percent from 1.08 for a paper maturing on March 15, 2017 and that for a 91-day paper maturing on May 31, 2017 edged up to 1.18 percent from 1.04. The results of the auction held on February 28, 2017 are summarised below.
DATE: February 28, 2017
| Issue | BoBC150317 | BoBC310517 |
| Total Subscribed (P million) | 2 000.000 | 1 122.500 |
| Total Allotment (P million) | 2 000.000 | 1 122.500 |
| Stop-Out Price (P) | 99.955 | 99.675 |
| Stop-Out Yield (percent) | 1.18 | 1.31 |
| Simple Rate (percent) | 1.17 | 1.31 |
| Weighted average yield of winning bids (percent) | 1.13 | 1.18 |
| Simple rate for weighted average winning bids (percent) | 1.12 | 1.18 |
| Weighted average price of winning bids (P) | 99.957 | 99.707 |
| Minimum winning bid yield (percent) | 1.05 | 1.02 |
| Maximum bid yield (percent) | 1.18 | 1.31 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 150317 - Bids at and above P99.955 received full allotment.
BoBC 310517 - Bids at and above P99.675 received full allotment.