The 14-day BoBC yield edged up to 0.84 percent from 0.79 percent for a paper maturing on July 13, 2016. The results of the auction held on June 28 are summarised below.
DATE: June 28, 2016
| ISSUE | BoBC130716 |
| TOTAL SUBSCRIBED (P'MILLION) | 1 770.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 300.000 |
| STOP-OUT PRICE (P) | 99.961 |
| STOP-OUT YIELD (percent) | 1.02 |
| SIMPLE RATE (percent) | 1.02 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.84 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.83 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.968 |
| MINIMUM WINNING BID YIELD (percent) | 0.79 |
| MAXIMUM BID YIELD (percent) | 1.15 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 130716– BIDS ABOVE P99.961 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.961 RECEIVED AROUND 25.93 PERCENT OF THE AMOUNT APPLIED FOR.