The 14-day BoBC yield dropped to 1.82 percent from 1.84  for a paper maturing on  August 12, 2015. The results of the auction held on July 28 are summarised below.

DATE: July 28, 2015

ISSUE BoBC120815
TOTAL SUBSCRIBED 4 526.000
TOTAL ALLOTMENT (P’ MILLION) 2 200.000
STOP-OUT PRICE (P) 99.930
STOP-OUT YIELD (percent) 1.84
SIMPLE RATE (percent) 1.83
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.82
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.80
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.931
MINIMUM WINNING BID YIELD (percent) 1.82
MAXIMUM BID YIELD (percent) 2.03
DAYS TO MATURITY 15

NOTE: BoBC 120815– BIDS ABOVE P99.930 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.930 RECEIVED AROUND 12.94 PERCENT OF THE AMOUNT APPLIED FOR.