The 14-day BoBC yield dropped to 1.00 from 1.02 percent for a paper maturing on April 13, 2016. The results of the auction held on March 29 are summarised below.
DATE: March 29, 2016
| ISSUE | BoBC130416 |
| TOTAL SUBSCRIBED (P'MILLION) | 3 320.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 000.000 |
| STOP-OUT PRICE (P) | 99.961 |
| STOP-OUT YIELD (percent) | 1.02 |
| SIMPLE RATE (percent) | 1.02 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 1.00 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.99 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.962 |
| MINIMUM WINNING BID YIELD (percent) | 1.00 |
| MAXIMUM BID YIELD (percent) | 1.50 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 130416– BIDS ABOVE P99.961 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.961 RECEIVED AROUND 14.49 PERCENT OF THE AMOUNT APPLIED FOR.