The 14-day BoBC yield remained at 1.47 percent for a paper maturing on June 30, 2018. For a 91-day paper maturing on August 29, 2018, the yield went up to 1.48 percent from 1.46 percent. The results of the auction held on May 29, 2018 are summarised below.

DATE:May 29, 2018

Issue BoBC130618 BoBC290818
Total Subscribed (P million) 2 160.000 798.000
Total Allotment (P million) 2 160.000 798.000
Stop-Out Price (P) 99.943 99.620
Stop-Out Yield (percent) 1.50 1.54
Simple Rate (percent) 1.49 1.53
Weighted average yield of winning bids (percent) 1.47 1.48
Simple rate for weighted average winning bids (percent) 1.46 1.47
Weighted average price of winning bids (P) 99.944 99.634
Minimum winning bid yield (percent) 1.45 1.43
Maximum bid yield (percent) 1.50 1.54
Days to Maturity 14

91

Note: 
BoBC130618 - Bids at and above P99.943 received full allotment.
BoBC290818 - Bids at and above P99.620 received full allotment.