The 14-day BoBC yield edged up to 3.10 percent from 3.07 for a paper maturing on February 11, 2015. The results of the auction held on January 27, are summarised below.

DATE: January 27, 2015

ISSUE BoBC110215
TOTAL SUBSCRIBED 295.000
TOTAL ALLOTMENT (P’ MILLION) 241.000
STOP-OUT PRICE (P) 99.883
STOP-OUT YIELD (percent) 3.10
SIMPLE RATE (percent) 3.05
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.10
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) 3.21
DAYS TO MATURITY 14

NOTE: BoBC 110215– BIDS AT AND ABOVE P99.883 RECEIVED FULL ALLOTMENT