The 14-day BoBC yield fell to 4.06 percent for a paper maturing on June 19, 2013 while that for 91-day maturing on September 4, 2013 remained unchanged at 4.82 percent.  The results of the auction held on June 4 are summarised below.

DATE: June 4, 2013

Issue BoBC190613 BoBC 040913
Total Subscribed (P million) 1 208.153 1 442.951
Total Allotment (P million) 1 000.000 1 400.000
Stop-Out Price (P) 99.847 98.830
Stop-Out Yield (percent) 4.07 4.83
Simple Rate (percent) 4.00 4.75
Weighted average yield of winning bids (percent) 4.06 4.82
Simple rate for weighted average winning bids (percent) 4.00 4.74
Weighted average price of winning bids (P) 99.847 98.833
Minimum winning bid yield (percent) 3.99 4.82
Maximum bid yield (percent) 4.07 4.83
Days to Maturity 14 91

Note: 
BoBC  190613 - Bids  above P99.847 received full allotment while bids at P99.847 received  77.58 percent of the amount applied for.

BoBC  040913 - Bids above P98.830 received full allotment while bids at P98.830 received 88.41 percent of the amount applied for.