The 14-day BoBC yield remained unchanged at 1.34 percent for a paper maturing on July 19, 2017 while that for a 91-day paper maturing on October 4, 2017 edged up to 1.33 percent from 1.31 percent. The results of the auction held on July 4, 2017 are summarised below.

DATE: July 4, 2017

Issue BoBC190717 BoBC041017
Total Subscribed (P million) 1 815.000 1 179.000
Total Allotment (P million) 1 700.000 1 128.000
Stop-Out Price (P) 99.946 99.638
Stop-Out Yield (percent) 1.42 1.47
Simple Rate (percent) 1.41 1.46
Weighted average yield of winning bids (percent) 1.34 1.33
Simple rate for weighted average winning bids (percent) 1.33 1.33
Weighted average price of winning bids (P) 99.949 99.670
Minimum winning bid yield (percent) 1.10 1.12
Maximum bid yield (percent) 1.98 2.49
Days to Maturity 14 91

Note: 
BoBC 190717 - Bids above P99.946 received full allotment while bids at 99.946 received around 85.40 percent of the amount applied for.

BoBC 041017 - Bids at and above P99.638 received full allotment.