The 14-day BoBC yield edged up to 1.29 percent from 1.26 for a paper maturing on June 14, 2017 and that for a 91-day paper maturing on August 30, 2017 remained at 1.31 percent. The results of the auction held on May 30, 2017 are summarised below.
DATE: May 30, 2017
Issue | BoBC140617 | BoBC300817 |
Total Subscribed (P million) | 1 215.000 | 1 388.000 |
Total Allotment (P million) | 1 195.000 | 1 200.000 |
Stop-Out Price (P) | 99.949 | 99.652 |
Stop-Out Yield (percent) | 1.34 | 1.41 |
Simple Rate (percent) | 1.33 | 1.40 |
Weighted average yield of winning bids (percent) | 1.29 | 1.31 |
Simple rate for weighted average winning bids (percent) | 1.28 | 1.31 |
Weighted average price of winning bids (P) | 99.951 | 99.675 |
Minimum winning bid yield (percent) | 1.10 | 1.16 |
Maximum bid yield (percent) | 1.71 | 1.41 |
Days to Maturity | 14 | 91 |
Note:
BoBC 140617 - Bids at and above P99.949 received full allotment.
BoBC 300817 - Bids above P99.652 received full allotment while bids at P99.652 received around 6 percent of the amount applied for.