The 14-day BoBC yield edged up to 1.45 percent from 1.42 percent for a paper maturing on November 15, 2017. For a 91-day paper maturing on January 31, 2018, the yield remained the same at 1.38 percent. The results of the auction held on October  31, 2017 are summarised below.

DATE: October 31, 2017

Issue BoBC151117 BoBC310118
Total Subscribed (P million) 1 490.000 1 223.000
Total Allotment (P million) 1 490.000 1 223.000
Stop-Out Price (P) 99.944 99.635
Stop-Out Yield (percent) 1.47 1.48
Simple Rate (percent) 1.46 1.47
Weighted average yield of winning bids (percent) 1.45 1.38
Simple rate for weighted average winning bids (percent) 1.43 1.37
Weighted average price of winning bids (P) 99.945 99.659
Minimum winning bid yield (percent) 1.26 1.13
Maximum bid yield (percent) 1.47 1.48
Days to Maturity 14 91

Note: 
BoBC151117 - Bids at and above P99.944 received full allotment.
BoBC310118 - Bids at and above P99.635 received full allotment.