The 14-day BoBC yield remained at 3.05 percent for a paper maturing on October 29, 2014. The results of the auction held on October 14, are summarised below.
DATE: October 14, 2014
| ISSUE | BoBC291014 |
|
TOTAL SUBSCRIBED |
859.500 |
| TOTAL ALLOTMENT (P’ MILLION) | 700.000 |
| STOP-OUT PRICE (P) | 99.884 |
| STOP-OUT YIELD (percent) | 3.07 |
| SIMPLE RATE (percent) | 3.03 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.05 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.00 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.885 |
| MINIMUM WINNING BID YIELD (percent) | 3.02 |
| MAXIMUM BID YIELD (percent) | 3.10 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 291014 – BIDS ABOVE P99.884 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.884 RECEIVED AROUND 72.47 PERCENT OF THE AMOUNT APPLIED FOR.