The 14-day BoBC yield was unchanged at 3.11 percent for a paper maturing on April 9, 2014. The results of the auction held on March 25, are summarised below.

DATE: March 25, 2014

ISSUE BoBC090414
TOTAL SUBSCRIBED 2 001.200
TOTAL ALLOTMENT (P’ MILLION) 2 000.000
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) 3.05
MAXIMUM BID YIELD (percent) 3.21
DAYS TO MATURITY 14

NOTE: BoBC 090414 – BIDS ABOVE P99.881 RECEIVED FULL ALLOTMENT WHILE THOSE AT P99.881 RECEIVED 99.34 PERCENT OF THE AMOUNT APPLIED FOR.