The 14-day BoBC yield remained at 4.06 percent  for a paper maturing on June 26, 2013. The results of the auction held on June 11 are summarised below.

DATE: June 11, 2013

Issue BoBC260613
Total Subscribed (P million) 2 291.498
Total Allotment (P million) 2 000.000
Stop-Out Price (P) 99.847
Stop-Out Yield (percent) 4.07
Simple Rate (percent) 4.00
Weighted average yield of winning bids (percent) 4.06
Simple rate for weighted average winning bids (percent) 4.00
Weighted average price of winning bids (P) 99.847
Minimum winning bid yield (percent) 4.02
Maximum bid yield (percent) 4.07
Days to Maturity 14

Note: BoBC 260613 – BIDS ABOVE P99.847 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.847 RECEIVED 81.75 PERCENT OF THE AMOUNT APPLIED FOR.