The 14-day BoBC yield dropped to 3.16 percent from 3.17 for a paper maturing on November 6, 2013. The results of the auction held on October 22, are summarised below.
DATE: October 22, 2013
| ISSUE | BOBC061113 |
| TOTAL SUBSCRIBED | 1 672.991 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 100.000 |
| STOP-OUT PRICE (P) | 99.880 |
| STOP-OUT YIELD (percent) | 3.18 |
| SIMPLE RATE (percent) | 3.13 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.16 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.11 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.881 |
| MINIMUM WINNING BID YIELD (percent) | 3.05 |
| MAXIMUM BID YIELD (percent) | 3.23 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 061113 – BIDS ABOVE P99.880 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.880 RECEIVED 68.93 PERCENT OF THE AMOUNT APPLIED FOR.