The 14-day BoBC yield dropped to 0.84 percent from 0.86 percent for a paper maturing on August 3, 2016. The results of the auction held on July 15 are summarised below.
DATE: July 15, 2016
| ISSUE | BoBC030816 |
| TOTAL SUBSCRIBED (P'MILLION) | 1 940.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 830.000 |
| STOP-OUT PRICE (P) | 99.966 |
| STOP-OUT YIELD (percent) | 0.89 |
| SIMPLE RATE (percent) | 0.89 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.84 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.83 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.968 |
| MINIMUM WINNING BID YIELD (percent) | 0.79 |
| MAXIMUM BID YIELD (percent) | 1.05 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 030816– BIDS AT AND ABOVE P99.966 RECEIVED FULL ALLOTMENT.