The 14-day BoBC yield remained at 1.47 percent for a paper maturing on April 18, 2018. For a 91-day paper maturing on July 4, 2018, the yield went up to 1.44 percent from 1.42 percent. The results of the auction held on March 29, 2018 are summarised below.

DATE:March 29, 2018

Issue BoBC180418 BoBC040718
Total Subscribed (P million) 1 705.000 378.000
Total Allotment (P million) 1 705.000 378.000
Stop-Out Price (P) 99.943 99.620
Stop-Out Yield (percent) 1.50 1.54
Simple Rate (percent) 1.49 1.53
Weighted average yield of winning bids (percent) 1.47 1.44
Simple rate for weighted average winning bids (percent) 1.46 1.44
Weighted average price of winning bids (P) 99.944 99.643
Minimum winning bid yield (percent) 1.39 1.38
Maximum bid yield (percent) 1.50 1.54
Days to Maturity 14 91

Note: 
BoBC180418 - Bids at and above P99.943 received full allotment.
BoBC040718 - Bids at and above P99.620 received full allotment.