The 14-day BoBC yield dropped to 0.76 from 0.79 percent for a paper maturing on October 5, 2016. The results of the auction held on September 20 are summarised below.
DATE: September 20, 2016
| ISSUE | BoBC051016 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 920.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 890.000 |
| STOP-OUT PRICE (P) | 99.969 |
| STOP-OUT YIELD (percent) | 0.81 |
| SIMPLE RATE (percent) | 0.81 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.76 |
|
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) |
0.76 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.971 |
| MINIMUM WINNING BID YIELD (percent) | 0.71 |
| MAXIMUM BID YIELD (percent) | 1.05 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 051016– BIDS AT AND ABOVE P99.969 RECEIVED AROUND 64 PERCENTOF THE AMOUNT APPLIED FOR.