The 14-day BoBC yield dropped to 2.03 percent from 2.06 percent for a paper maturing on April 15, 2015. The results of the auction held on March 31, are summarised below.

DATE: March 31, 2015

ISSUE BoBC150415
TOTAL SUBSCRIBED 3 070.000
TOTAL ALLOTMENT (P’ MILLION) 999.990
STOP-OUT PRICE (P) 99.923
STOP-OUT YIELD (percent) 2.03
SIMPLE RATE (percent) 2.01
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 2.03
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 2.01
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.923
MINIMUM WINNING BID YIELD (percent) 2.03
MAXIMUM BID YIELD (percent) 2.08
DAYS TO MATURITY 14

NOTE: BoBC 150415– BIDS AT P99.923 RECEIVED AROUND 97.09 PERCENT OF THE AMOUNT APPLIED FOR.