The 14-day BoBC yield remained at 3.07 percent for a paper maturing on January 21, 2015 while that for a 91-day paper maturing on April 8, 2015 edged up to 3.22 percent from 3.19. The results of the auction held on January 6 are summarised below.

DATE: January 6, 2015

Issue BoBC 210115 BoBC 080415
Total Subscribed (P million) 915.000 1 166.000
Total Allotment (P million) 815.000 1 089.000
Stop-Out Price (P) 99.883 99.205
Stop-Out Yield (percent) 3.10 3.25
Simple Rate (percent) 3.05 3.21
Weighted average yield of winning bids (percent) 3.07 3.22
Simple rate for weighted average winning bids (percent) 3.03 3.19
Weighted average price of winning bids (P) 99.884 99.212
Minimum winning bid yield (percent) 3.05 3.19
Maximum bid yield (percent) 3.72 3.81
Days to Maturity 14 91

Note: 
BoBC 210115 - Bids at and above P99.883 received full allotment.

BoBC 080415 - Bids at and above P99.205 received full allotment.