The 14-day BoBC yield remained at 1.10 percent for a paper maturing on December 9, 2015. The results of the auction held on November 24 are summarised below.

DATE: November 24, 2015

ISSUE BoBC091215
TOTAL SUBSCRIBED (P'MILLION) 2 742.500
TOTAL ALLOTMENT (P’ MILLION) 1 792.500
STOP-OUT PRICE (P) 99.954
STOP-OUT YIELD (percent) 1.21
SIMPLE RATE (percent) 1.20
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 091215– BIDS ABOVE P99.954 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.954 RECEIVED AROUND 10 PERCENT OF THE AMOUNT APPLIED FOR.