The 14-day BoBC yield dropped to 0.79 percent from 0.81 for a paper maturing on July 6, 2016. The results of the auction held on June 21 are summarised below.
DATE: June 21, 2016
| ISSUE | BoBC060716 |
| TOTAL SUBSCRIBED (P'MILLION) | 3 055.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 700.000 |
| STOP-OUT PRICE (P) | 99.959 |
| STOP-OUT YIELD (percent) | 1.08 |
| SIMPLE RATE (percent) | 1.07 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.79 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.78 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.970 |
| MINIMUM WINNING BID YIELD (percent) | 0.50 |
| MAXIMUM BID YIELD (percent) | 1.18 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 060716– BIDS ABOVE P99.959 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.959 RECEIVED AROUND 16.90 PERCENT OF THE AMOUNT APPLIED FOR.