The 14-day BoBC yield dropped to 1.42 percent from 1.45 percent for a paper maturing on November 8, 2017. The results of the auction held on October 24, 2017 are summarised below.

DATE: October 24, 2017

ISSUE BoBC081117
TOTAL SUBSCRIBED (P' MILLION) 2 260.000
TOTAL ALLOTMENT (P’ MILLION) 2 160.000
STOP-OUT PRICE (P) 99.944
STOP-OUT YIELD (percent) 1.47
SIMPLE RATE (percent) 1.46
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 1.42
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 1.41
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.946
MINIMUM WINNING BID YIELD (percent) 1.23
MAXIMUM BID YIELD (percent) 1.50
DAYS TO MATURITY 14

NOTE: BOBC 081117 – BIDS AT AND ABOVE P99.944 RECEIVED FULL ALLOTMENT.