The 14-day BoBC yield edged up to 1.08 from 1.02 percent for the paper maturing on January 27, 2016. The results of the auction held on January 12 are summarised below.
DATE: January 12, 2016
| ISSUE | BoBC270116 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 720.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 200.000 |
| STOP-OUT PRICE (P) | 99.958 |
| STOP-OUT YIELD (percent) | 1.10 |
| SIMPLE RATE (percent) | 1.10 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 1.08 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 1.07 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.959 |
| MINIMUM WINNING BID YIELD (percent) | 1.02 |
| MAXIMUM BID YIELD (percent) | 1.66 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 270116– BIDS ABOVE P99.958 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.958 RECEIVED AROUND 65.35 PERCENT OF THE AMOUNT APPLIED FOR.