The 14-day BoBC yield edged up to 3.54 percent from 3.53 for a paper maturing on August 7, 2013. The results of the auction held on July 23 are summarised below.
DATE: July 23, 2013
| ISSUE | BOBC070813 |
| TOTAL SUBSCRIBED | 1 777.630 |
| TOTAL ALLOTMENT (P’MILLION) | P1 777.630 |
| STOP-OUT PRICE | P99.865 |
| STOP-OUT YIELD | 3.58 |
| SIMPLE RATE | 3.52 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS | 3.54 |
| 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 | 3.58 |
| DAYS TO MATURITY | 14 |
NOTE: BOBC 070813 – BIDS AT AND ABOVE P99.865 RECEIVED FULL ALLOTMENT.