The 14-day BoBC yield remained at 1.87 percent for a paper maturing on June 17, 2015 while that for a 91-day paper maturing on September 2, 2015 dropped to 2.11 percent from 2.14. The results of the auction held on June 2 are summarised below.
DATE: June 2, 2015
| Issue | BoBC 170615 | BoBC 020915 |
| Total Subscribed (P million) | 2 923.000 | 1 853.000 |
| Total Allotment (P million) | 2 200.000 | 1 000.000 |
| Stop-Out Price (P) | 99.928 | 99.474 |
| Stop-Out Yield (percent) | 1.90 | 2.14 |
| Simple Rate (percent) | 1.88 | 2.12 |
| Weighted average yield of winning bids (percent) | 1.87 | 2.11 |
| Simple rate for weighted average winning bids (percent) | 1.85 | 2.10 |
| Weighted average price of winning bids (P) | 99.929 | 99.480 |
|
Minimum winning bid yield (percent) |
1.84 | 0.29 |
| Maximum bid yield (percent) | 2.03 | 2.18 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 170615 - Bids above P99.928 received full allotment while bids at P99.928 received around 71.31 percent of the amount applied for.
BoBC 020915 - Bids above P99.474 received full allotment while bids at P99.474 received around 19.03 percent of the amount applied for.