The 14-day BoBC yield edged up to 3.17 percent from  3.15 for a paper maturing on October 30, 2013. The results of the auction held on October 15, are summarised below.

DATE: October 15, 2013

ISSUE BOBC301013
TOTAL SUBSCRIBED 1 847.784
TOTAL ALLOTMENT (P’MILLION) 1 800.000
STOP-OUT PRICE (P) 99.878
STOP-OUT YIELD (percent) 3.23
SIMPLE RATE (percent) 3.18
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.17
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.13
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.880
MINIMUM WINNING BID YIELD (percent) 3.10
MAXIMUM BID YIELD (percent) 3.23
DAYS TO MATURITY 14

NOTE: BoBC 301013 – BIDS  ABOVE P99.878 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.878 RECEIVED 52.16 PERCENT OF THE AMOUNT APPLIED FOR.