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The 14-day BoBC yield fell to 4.58 percent from 4.60 for a paper maturing on May 15, 2013. The results of the auction held on April 30 are summarised below.
DATE: April 30, 2013
Issue
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BoBC150513
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Total Subscribed (P million)
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2 755.558
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Total Allotment (P million)
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2 000.000
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Stop-Out Price (P)
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99.840
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Stop-Out Yield (percent)
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4.60
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Simple Rate (percent)
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4.50
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Weighted average yield of winning bids (percent)
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4.59
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Simple rate for weighted average winning bids (percent)
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4.50
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Weighted average price of winning bids (P)
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99.840
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Minimum winning bid yield (percent)
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4.54
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Maximum bid yield (percent)
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4.98
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Days to Maturity
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13
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Note: BOBC 150513 – BIDS ABOVE P99.840 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.840 RECEIVED 85.80 PERCENT OF THE AMOUNT APPLIED FOR.
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