The 14-day BoBC yield dropped from 1.18 percent to 1.13 percent for a paper maturing on November 4, 2015. The results of the auction held on October 20 are summarised below.
DATE: October 20, 2015
| ISSUE | BoBC041115 |
| TOTAL SUBSCRIBED (P'MILLION) | 5 310.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 2 500.000 |
| STOP-OUT PRICE (P) | 99.955 |
| STOP-OUT YIELD (percent) | 1.18 |
| SIMPLE RATE (percent) | 1.17 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 1.13 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 1.12 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.957 |
| MINIMUM WINNING BID YIELD (percent) | 1.10 |
| MAXIMUM BID YIELD (percent) | 1.44 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 041115– BIDS ABOVE P99.955 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.955 RECEIVED AROUND 5.71 PERCENT OF THE AMOUNT APPLIED FOR.