The 14-day BoBC yield edged up to 0.81 from 0.79 percent for a paper maturing on June 22, 2016. The results of the auction held on June 7 are summarised below.
DATE: June 7, 2016
| ISSUE | BoBC220616 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 903.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 700.000 |
| STOP-OUT PRICE (P) | 99.957 |
| STOP-OUT YIELD (percent) | 1.13 |
| SIMPLE RATE (percent) | 1.12 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.81 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.81 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.969 |
| MINIMUM WINNING BID YIELD (percent) | 0.50 |
| MAXIMUM BID YIELD (percent) | 1.52 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 220616– BIDS ABOVE P99.957 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.957 RECEIVED AROUND 70 PERCENT OF THE AMOUNT APPLIED FOR.