The 14-day BoBC yield fell to 4.07 percent from 4.08 for a paper maturing on May 29, 2013. The results of the auction held on May 14 are summarised below.
DATE: May 14, 2013
| Issue | BoBC290513 |
| Total Subscribed (P million) | 2 401.310 |
| Total Allotment (P million) | 2 000.000 |
| Stop-Out Price (P) | 99.847 |
| Stop-Out Yield (percent) | 4.07 |
| Simple Rate (percent) | 4.00 |
| Weighted average yield of winning bids (percent) | 4.07 |
| Simple rate for weighted average winning bids (percent) | 4.00 |
| Weighted average price of winning bids (P) | 99.847 |
| Minimum winning bid yield (percent) | 4.05 |
| Maximum bid yield (percent) | 4.29 |
| Days to Maturity | 14 |
Note: BOBC 290513 – BIDS ABOVE P99.847 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.847 RECEIVED 96.21 PERCENT OF THE AMOUNT APPLIED FOR.