The 14-day BoBC yield remained at 1.10 percent for a paper maturing on December 2, 2015. The results of the auction held on November 17 are summarised below.

DATE: November 17, 2015

ISSUE BoBC021215
TOTAL SUBSCRIBED (P'MILLION) 2 710.000
TOTAL ALLOTMENT (P’ MILLION) 1 800.000
STOP-OUT PRICE (P) 99.956
STOP-OUT YIELD (percent) 1.15
SIMPLE RATE (percent) 1.15
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.10
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.10
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.958
MINIMUM WINNING BID YIELD (percent) 1.08
MAXIMUM BID YIELD (percent) 1.52
DAYS TO MATURITY 14

NOTE: BoBC 021215– BIDS ABOVE P99.956 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.956 RECEIVED AROUND 26.67 PERCENT OF THE AMOUNT APPLIED FOR.