The 14-day BoBC yield edged up to 0.76 from 0.73 percent for a paper maturing on October 26, 2016. The results of the auction held on October 11 are summarised below.
DATE: October 11, 2016
ISSUE | BoBC261016 |
TOTAL SUBSCRIBED (P'MILLION) | 3 090.000 |
TOTAL ALLOTMENT (P’ MILLION) | 2 188.000 |
STOP-OUT PRICE (P) | 99.961 |
STOP-OUT YIELD (percent) | 1.02 |
SIMPLE RATE (percent) | 1.02 |
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.76 |
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.76 |
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.971 |
MINIMUM WINNING BID YIELD (percent) | 0.68 |
MAXIMUM BID YIELD (percent) | 1.52 |
DAYS TO MATURITY | 14 |
NOTE: BoBC 261016– BIDS AT AND ABOVE P99.961 RECEIVED AROUND 72 PERCENT OF THE AMOUNT APPLIED FOR.