The 14-day BoBC yield edged to 4.07 percent from 4.06 for a paper maturing on June 12, 2013. The results of the auction held on May 28 are summarised below.
DATE: May 28, 2013
Issue | BoBC120613 |
Total Subscribed (P million) | 2 665.917 |
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) | 4.02 |
Maximum bid yield (percent) | 4.13 |
Days to Maturity | 14 |
Note: BoBC 120613 – BIDS ABOVE P99.847 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.847 RECEIVED 75.03 PERCENT OF THE AMOUNT APPLIED FOR.