The 14-day BoBC yield remained at 3.11 percent for a paper maturing on January 22, 2014. The results of the auction held on January 7, are summarised below.

DATE: January 7, 2014

ISSUE BOBC220114
TOTAL SUBSCRIBED 1 877.792
TOTAL ALLOTMENT (P’ MILLION) 1 877.792
STOP-OUT PRICE (P) 99.881
STOP-OUT YIELD (percent) 3.15
SIMPLE RATE (percent) 3.11
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.11
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.05
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.883
MINIMUM WINNING BID YIELD (percent) 3.05
MAXIMUM BID YIELD (percent) 3.15
DAYS TO MATURITY 14

NOTE: BoBC 220114 – BIDS AT AND  ABOVE P99.881 RECEIVED FULL ALLOTMENT