The 14-day BoBC yield remained at 3.17 percent for a paper maturing on September 25, 2013. The results of the auction held on September 10, are summarised below.

DATE: September 10, 2013

ISSUE BOBC250913
TOTAL SUBSCRIBED 1 413.306
TOTAL ALLOTMENT (P’MILLION) 1 400.000
STOP-OUT PRICE (P) 99.879
STOP-OUT YIELD (percent) 3.21
SIMPLE RATE (percent) 3.16
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.17
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.13
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.880
MINIMUM WINNING BID YIELD (percent) 3.05
MAXIMUM BID YIELD (percent) 3.21
DAYS TO MATURITY 14

NOTE: BOBC 250913 – BIDS ABOVE P99.879 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.879 RECEIVED 93.66 PERCENT OF THE AMOUNT APPLIED FOR.