The 14-day BoBC yield remained at 4.06 percent  for a paper maturing on July 3, 2013. The results of the auction held on June 18 are summarised below.

DATE: June 18, 2013

Issue BoBC030713
Total Subscribed (P million) 1 253.084
Total Allotment (P million) 1 000.000
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 030713 – BIDS ABOVE P99.847 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.847 RECEIVED 69.09 PERCENT OF THE AMOUNT APPLIED FOR.