The 14-day BoBC yield remained at 1.42 percent for a paper maturing on October 18, 2017. For a 91-day paper maturing on January 3, 2018, the yield went down to 1.38 percent from 1.40 percent. The results of the auction held on October  3, 2017 are summarised below.

DATE: October 3, 2017

Issue BoBC181017 BoBC030118
Total Subscribed (P million) 1 075.000 1 253.000
Total Allotment (P million) 1 075.000 1 200.000
Stop-Out Price (P) 99.944 99.641
Stop-Out Yield (percent) 1.47 1.45
Simple Rate (percent) 1.46 1.45
Weighted average yield of winning bids (percent) 1.42 1.38
Simple rate for weighted average winning bids (percent) 1.41 1.37
Weighted average price of winning bids (P) 99.946 99.660
Minimum winning bid yield (percent) 1.21 1.12
Maximum bid yield (percent) 1.47 1.51
Days to Maturity 14 91

Note: 
BoBC181017 - Bids at and above P99.944 received full allotment.
BoBC030118 - Bids above P99.641 received full allotment, while bids at P99.641 received around 88 percent of the amount applied for.