The 14-day BoBC yield dropped from 1.13 percent to 1.10 percent for a paper maturing on November 11, 2015. The results of the auction held on October 27 are summarised below.
DATE: October 27, 2015
| ISSUE | BoBC111115 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 750.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 500.000 |
| STOP-OUT PRICE (P) | 99.956 |
| STOP-OUT YIELD (percent) | 1.15 |
| SIMPLE RATE (percent) | 1.15 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 1.10 |
|
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) |
1.10 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.958 |
| MINIMUM WINNING BID YIELD (percent) | 1.02 |
| MAXIMUM BID YIELD (percent) | 1.21 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 111115– BIDS ABOVE P99.956 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.956 RECEIVED AROUND 49.15 PERCENT OF THE AMOUNT APPLIED FOR.