The 14-day BoBC yield remained at 4.62 percent for a paper maturing on April 3, 2013. The results of the auction held on March 19 are summarised below.

DATE: March 19, 2013

Issue BoBC030413
Total Subscribed (P million) 2 186.208
Total Allotment (P million) 2 186.208
Stop-Out Price (P) 99.826
Stop-Out Yield (percent) 4.65
Simple Rate (percent) 4.54
Weighted average yield of winning bids (percent) 4.62
Simple rate for weighted average winning bids (percent) 4.52
Weighted average price of winning bids (P) 99.827
Minimum winning bid yield (percent) 4.59
Maximum bid yield (percent) 4.65
Days to Maturity 14

Note: BOBC 030413 – BIDS  AT AND ABOVE P99.826 RECEIVED FULL ALLOTMENT.