The 14-day BoBC yield remained at 3.53 percent for a paper maturing on July 31, 2013. The results of the auction held on July 12 are summarised below.
DATE: July 12, 2013
| ISSUE | BOBC310713 |
| TOTAL SUBSCRIBED | P1 517.952 |
| TOTAL ALLOTMENT (P’MILLION) | P1 200.000 |
| STOP-OUT PRICE | P99.866 |
| STOP-OUT YIELD | 3.56 |
| SIMPLE RATE | 3.50 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS | 3.53 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS | 3.47 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS | 99.867 |
| MINIMUM WINNING BID YIELD | 3.50 |
| MAXIMUM BID YIELD | 4.15 |
| DAYS TO MATURITY | 14 |
NOTE: BOBC 310713 – BIDS ABOVE P99.866 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.866 RECEIVED 42.53 PERCENT OF THE AMOUNT APPLIED FOR.