The 14-day BoBC yield edged up to 0.77 from 0.76 percent for a paper maturing on November 2, 2016. The results of the auction held on October 18 are summarised below.
DATE: October 18, 2016
| ISSUE | BoBC021116 |
| TOTAL SUBSCRIBED (P'MILLION) | 2 045.000 |
| TOTAL ALLOTMENT (P’ MILLION) | 1 288.35 |
| STOP-OUT PRICE (P) | 99.961 |
| STOP-OUT YIELD (percent) | 1.02 |
| SIMPLE RATE (percent) | 1.02 |
| WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 0.77 |
| SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 0.77 |
| WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.971 |
| MINIMUM WINNING BID YIELD (percent) | 0.68 |
| MAXIMUM BID YIELD (percent) | 1.02 |
| DAYS TO MATURITY | 14 |
NOTE: BoBC 021116– BIDS AT AND ABOVE P99.961 RECEIVED AROUND 63 PERCENT OF THE AMOUNT APPLIED FOR.