The 14-day BoBC yield dropped from 1.21 percent to 1.19 percent for a paper maturing on October 02, 2015. The results of the auction held on September 15 are summarised below.

DATE: September 15, 2015

ISSUE BoBC021015
TOTAL SUBSCRIBED (P'MILLION) 2 320.000
TOTAL ALLOTMENT (P’ MILLION) 1 200.000
STOP-OUT PRICE (P) 99.946
STOP-OUT YIELD (percent) 1.24
SIMPLE RATE (percent) 1.23
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.19
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.19
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.948
MINIMUM WINNING BID YIELD (percent) 1.03
MAXIMUM BID YIELD (percent) 1.52
DAYS TO MATURITY 16

NOTE: BoBC 021015– BIDS ABOVE P99.946 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.946 RECEIVED AROUND 28 PERCENT OF THE AMOUNT APPLIED FOR.