The 14-day BoBC yield remained at 1.47 percent for a paper maturing on May 23, 2018. The results of the auction held on May 8, 2018 are summarised below.

DATE: May 8, 2018

Issue BoBC230518
Total Subscribed (P million) 2 280.000
Total Allotment (P million) 2 230.000
Stop-Out Price (P) 99.943
Stop-Out Yield (percent) 1.50
Simple Rate (percent) 1.49
Weighted average yield of winning bids (percent) 1.47
Simple rate for weighted average winning bids (percent) 1.46
Weighted average price of winning bids (P) 99.944
Minimum winning bid yield (percent) 1.45
Maximum bid yield (percent) 1.52
Days to Maturity 14

Note: 
BoBC230518 - Bids at and above P99.943 received full allotment.