The 14-day BoBC yield was unchanged at 0.86 percent for a paper maturing on May 25, 2016. The results of the auction held on May 10 are summarised below.

DATE: May 10, 2016

ISSUE BoBC250516
TOTAL SUBSCRIBED (P'MILLION) 2 283.000
TOTAL ALLOTMENT (P’ MILLION) 1 000.000
STOP-OUT PRICE (P) 99.966
STOP-OUT YIELD (percent) 0.89
SIMPLE RATE (percent) 0.89
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 0.86
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 0.86
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.967
MINIMUM WINNING BID YIELD (percent) 0.86
MAXIMUM BID YIELD (percent) 1.26
DAYS TO MATURITY 14

NOTE: BoBC 250516– BIDS ABOVE P99.966 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.966 RECEIVED AROUND 25 PERCENT OF THE AMOUNT APPLIED FOR.