The 14-day BoBC yield dropped to 1.87 percent from 1.92 for a paper maturing on June 10, 2015. The results of the auction held on May 26, are summarised below.

DATE: May 26, 2015

ISSUE BoBC100615
TOTAL SUBSCRIBED 3 345.000
TOTAL ALLOTMENT (P’ MILLION) 1 200.000
STOP-OUT PRICE (P) 99.928
STOP-OUT YIELD (percent) 1.90
SIMPLE RATE (percent) 1.88
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.87
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.85
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.929
MINIMUM WINNING BID YIELD (percent) 1.87
MAXIMUM BID YIELD (percent) 2.03
DAYS TO MATURITY 14

NOTE: BoBC 100615– BIDS ABOVE P99.928 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.928 RECEIVED AROUND 50.63 PERCENT OF THE AMOUNT APPLIED FOR.