The 14-day BoBC yield remained at 1.47 percent for a paper maturing on July 18, 2018. For a 91-day paper maturing on October 3, 2018, the yield went down to 1.46 percent from 1.48 percent. The results of the auction held on July 3, 2018 are summarised below.

DATE:July 3, 2018

Issue BoBC180718 BoBC031018
Total Subscribed (P million) 1 100.000 488.000
Total Allotment (P million) 1 100.000 488.000
Stop-Out Price (P) 99.942 99.617
Stop-Out Yield (percent) 1.52 1.55
Simple Rate (percent) 1.51 1.54
Weighted average yield of winning bids (percent) 1.47 1.46
Simple rate for weighted average winning bids (percent) 1.46 1.45
Weighted average price of winning bids (P) 99.944 99.639
Minimum winning bid yield (percent) 1.42 1.42
Maximum bid yield (percent) 1.52 1.55
Days to Maturity 14 91

Note: 
BoBC180718 - Bids at and above P99.942 received full allotment.
BoBC031018 - Bids at and above P99.617 received full allotment.