The 14-day BoBC yield dropped to 3.11 percent from 3.13 for a paper maturing on December 11, 2013. The results of the auction held on November 26, are summarised below.
DATE: November 26, 2013
| ISSUE | BOBC111213 |
| TOTAL SUBSCRIBED | 2 586.952 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 200.000 |
| STOP-OUT PRICE (P) | 99.881 |
| STOP-OUT YIELD (percent) | 3.15 |
| SIMPLE RATE (percent) | 3.11 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.11 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.05 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.883 |
| MINIMUM WINNING BID YIELD (percent) | 2.96 |
| MAXIMUM BID YIELD (percent) | 3.18 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 111213 – BIDS ABOVE P99.881 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.881 RECEIVED 10.02 PERCENT OF THE AMOUNT APPLIED FOR.