The 14-day BoBC yield increased to 3.11 percent for a paper maturing on April 2, 2014. The results of the auction held on March 18, are summarised below.

DATE: March 18, 2014

ISSUE BOBC020414
TOTAL SUBSCRIBED 1 000.025
TOTAL ALLOTMENT (P’ MILLION) 999.926
STOP-OUT PRICE (P) 99.881
STOP-OUT YIELD (percent) 3.15
SIMPLE RATE (percent) 3.11
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.11
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.05
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.883
MINIMUM WINNING BID YIELD (percent) 3.07
MAXIMUM BID YIELD (percent) 3.18
DAYS TO MATURITY 14

NOTE: BoBC 020414 – BIDS AT AND ABOVE P99.881 RECEIVED FULL ALLOTMENT.