The 14-day BoBC yield dropped to 3.15 from 3.16 percent for a paper maturing on October 9, 2013. The results of the auction held on September 24, are summarised below.
DATE: September 24, 2013
| ISSUE | BOBC091013 |
| TOTAL SUBSCRIBED | 1 917.709 |
| TOTAL ALLOTMENT (P’MILLION) | 1 400.000 |
| STOP-OUT PRICE (P) | 99.880 |
| STOP-OUT YIELD (percent) | 3.18 |
| SIMPLE RATE (percent) | 3.13 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.15 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.11 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.881 |
| MINIMUM WINNING BID YIELD (percent) | 3.05 |
| MAXIMUM BID YIELD (percent) | 3.21 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 091013 – BIDS ABOVE P99.880 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.880 RECEIVED 83.76 PERCENT OF THE AMOUNT APPLIED FOR.