The 14-day BoBC yield dropped to 3.10 percent for a paper maturing on June 11, 2014. The results of the auction held on May 27, are summarised below.
DATE: May 27, 2014
| ISSUE | BoBC110614 |
| TOTAL SUBSCRIBED | 1 915.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 200.010 |
| STOP-OUT PRICE (P) | 99.882 |
| STOP-OUT YIELD (percent) | 3.13 |
| SIMPLE RATE (percent) | 3.08 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.10 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.05 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.883 |
| MINIMUM WINNING BID YIELD (percent) | 2.91 |
| MAXIMUM BID YIELD (percent) | 3.13 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 110614 – BIDS ABOVE P99.882 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.882 RECEIVED AROUND 18.38 PERCENT OF AMOUNT APPLIED FOR.