The 14-day BoBC yield edged up to 1.18 percent from 1.16 for a paper maturing on October 21, 2015 while that for a 91-day paper maturing on January 6, 2016 dropped to 1.31 percent from 1.53. The results of the auction held on October 6 are summarised below.

DATE: October 6, 2015

Issue BoBC211015 BoBC060116
Total Subscribed (P million) 1 290.000 4 462.500
Total Allotment (P million) 940.000 1 000.000
Stop-Out Price (P) 99.950 99.677
Stop-Out Yield (percent) 1.31 1.31
Simple Rate (percent) 1.30 1.30
Weighted average yield of winning bids (percent) 1.18 1.31
Simple rate for weighted average winning bids (percent) 1.17 1.30
Weighted average price of winning bids (P) 99.955 99.677
Minimum winning bid yield (percent) 1.15 1.31
Maximum bid yield (percent) 1.52 1.58
Days to Maturity 14 91

Note: 
BoBC 211015 - Bids at and above P99.950 received full allotment.

BoBC 060116 - Bids at P99.677 received full allotment.