The 14-day BoBC yield edged up to 3.15 percent from 3.14 for a paper maturing on November 27, 2013. The results of the auction held on November 12, are summarised below.
DATE: November 12, 2013
ISSUE | BOBC271113 |
TOTAL SUBSCRIBED | 2 621.875 |
TOTAL ALLOTMENT (P’ MILLION) | 2 200.000 |
STOP-OUT PRICE (P) | 99.880 |
STOP-OUT YIELD (percent) | 3.18 |
SIMPLE RATE (percent) | 3.13 |
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.15 |
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.11 |
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.881 |
MINIMUM WINNING BID YIELD (percent) | 2.96 |
MAXIMUM BID YIELD (percent) | 3.18 |
DAYS TO MATURITY | 14 |
NOTE: BoBC 271113 – BIDS ABOVE P99.880 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.880 RECEIVED 15.52 PERCENT OF THE AMOUNT APPLIED FOR.