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.