The 14-day BoBC yield was unchanged at 0.76 percent for a paper maturing on November 30, 2016. The results of the auction held on November 15 are summarised below.

DATE: November 15, 2016

ISSUE BoBC301116
TOTAL SUBSCRIBED (P'MILLION) 2 495.000
TOTAL ALLOTMENT (P’ MILLION) 1 295.000
STOP-OUT PRICE (P) 99.966
STOP-OUT YIELD (percent) 0.89
SIMPLE RATE (percent) 0.89
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) 0.73
MAXIMUM BID YIELD (percent) 1.26
DAYS TO MATURITY 14

NOTE: BoBC 301116 – BIDS AT AND ABOVE P99.966 RECEIVED AROUND 53 PERCENT OF THE AMOUNT APPLIED FOR.