The 14-day BoBC yield dropped to 0.73 percent from 0.76 for a paper maturing on December 7, 2016. The results of the auction held on November 22 are summarised below.
DATE: November 22, 2016
| ISSUE | BoBC071216 |
| TOTAL SUBSCRIBED (P'MILLION) | 3 445.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 170.350 |
| STOP-OUT PRICE (P) | 99.962 |
| STOP-OUT YIELD (percent) | 1.00 |
| SIMPLE RATE (percent) | 0.99 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.73 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.73 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.972 |
| MINIMUM WINNING BID YIELD (percent) | 0.68 |
| MAXIMUM BID YIELD (percent) | 1.00 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 071216 – BIDS AT AND ABOVE P99.962 RECEIVED AROUND 63 PERCENT OF THE AMOUNT APPLIED FOR.