The 14-day BoBC yield edged up to 1.26 percent from 1.23 percent  for a paper maturing on April 12, 2017. The results of the auction held on March 28 are summarised below.

DATE: March 28, 2017

ISSUE BoBC120417
TOTAL SUBSCRIBED (P'MILLION) 2 355.000
TOTAL ALLOTMENT (P’ MILLION) 2 096.000
STOP-OUT PRICE (P) 99.950
STOP-OUT YIELD (percent) 1.31
SIMPLE RATE (percent) 1.30
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.26
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.25
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.952
MINIMUM WINNING BID YIELD (percent) 1.00
MAXIMUM BID YIELD (percent) 1.50
DAYS TO MATURITY 14

NOTE: BoBC 120417 – BIDS AT AND ABOVE P99.950 RECEIVED FULL ALLOTMENT.