The 14-day BoBC yield remained at 0.76 percent for a paper maturing on November 16, 2016 and also that for a 91-day paper maturing on February 1, 2017 was unchanged at 1.01 percent. The results of the auction held on November 1, are summarised below.

DATE: November 1, 2016

Issue BoBC161116 BoBC010217
Total Subscribed (P million) 1 822.200 1 595.000
Total Allotment (P million) 1 293.770 1 500.000
Stop-Out Price (P) 99.961 99.743
Stop-Out Yield (percent) 1.02 1.04
Simple Rate (percent) 1.02 1.03
Weighted average yield of winning bids (percent) 0.76 1.01
Simple rate for weighted average winning bids (percent) 0.76 1.01
Weighted average price of winning bids (P) 99.971 99.750
Minimum winning bid yield (percent) 0.65 0.97
Maximum bid yield (percent) 1.02 1.07
Days to Maturity 14 91

Note: 
BoBC 161116 - Bids at and above P99.961 received around 71 percent of the  amount applied for.

BoBC 010217 - Bids above P99.743 received full allotment while bids at P99.743 received around 14 percent of the amount applied for.