The 14-day BoBC yield remained at  0.81 percent for a paper maturing on June 29, 2016. The results of the auction held on June 14 are summarised below.

DATE: June 14, 2016

ISSUE BoBC290616
TOTAL SUBSCRIBED (P'MILLION) 1 750.000
TOTAL ALLOTMENT (P’ MILLION) 1 300.000
STOP-OUT PRICE (P) 99.958
STOP-OUT YIELD (percent) 1.10
SIMPLE RATE (percent) 1.10
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 0.81
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 0.81
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.969
MINIMUM WINNING BID YIELD (percent) 0.76
MAXIMUM BID YIELD (percent) 1.23
DAYS TO MATURITY 14

NOTE: BoBC 290616– BIDS ABOVE P99.958 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.958 RECEIVED AROUND 12.75 PERCENT OF THE AMOUNT APPLIED FOR.