The 14-day BoBC yield edged up to 3.10 from 3.07 percent for a paper maturing on July 23, 2014. The results of the auction held on July 8, are summarised below.
DATE: July 8, 2014
ISSUE | BoBC230714 |
TOTAL SUBSCRIBED | 1 233.500 |
TOTAL ALLOTMENT (P’ MILLION) | 1 200.000 |
STOP-OUT PRICE (P) | 99.882 |
STOP-OUT YIELD (percent) | 3.13 |
SIMPLE RATE (percent) | 3.08 |
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.10 |
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.05 |
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.883 |
MINIMUM WINNING BID YIELD (percent) | 3.07 |
MAXIMUM BID YIELD (percent) | 3.13 |
DAYS TO MATURITY | 14 |
NOTE: BoBC 230714 – BIDS ABOVE P99.882 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.882 RECEIVED AROUND 86.33 PERCENT OF THE AMOUNT APPLIED FOR.