The 14-day BoBC yield dropped to 0.79 from 0.81 percent for a paper maturing on June 1, 2016. The results of the auction held on May 24 are summarised below.
DATE: May 24, 2016
| ISSUE | BoBC080616 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 910.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 670.000 |
| STOP-OUT PRICE (P) | 99.967 |
| STOP-OUT YIELD (percent) | 0.86 |
| SIMPLE RATE (percent) | 0.86 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.79 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.78 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.970 |
| MINIMUM WINNING BID YIELD (percent) | 0.73 |
| MAXIMUM BID YIELD (percent) | 1.00 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 080616– BIDS ABOVE P99.967 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.967 RECEIVED AROUND 5 PERCENT OF THE AMOUNT APPLIED FOR.