The 14-day BoBC yield remained unchanged at 3.54 percent for a paper maturing on August 14, 2013. The results of the auction held on July 30 are summarised below.

 DATE: July 30, 2013

ISSUE BOBC140813
TOTAL SUBSCRIBED 2 007.313
TOTAL ALLOTMENT (P’MILLION) P1 200.000
STOP-OUT PRICE   P99.866
STOP-OUT YIELD  3.56
SIMPLE RATE 3.50
WEIGHTED AVERAGE YIELD OF WINNING BIDS 3.54
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS  3.47
WEIGHTED AVERAGE PRICE OF WINNING BIDS 99.867
MINIMUM WINNING BID YIELD 3.50
MAXIMUM BID YIELD  3.56
DAYS TO MATURITY 14

NOTE: BOBC 140813 – BIDS ABOVE P99.866 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.866 RECEIVED 43.07 PERCENT OF THE AMOUNT APPLIED FOR.