The 14-day BoBC yield remained at 1.23 percent for a paper maturing on September 16, 2015 while that for a 91-day paper maturing on December 02, 2015 dropped to 1.53 percent from 2.10. The results of the auction held on September 1 are summarised below.
DATE: September 1, 2015
Issue
|
BoBC 160915
|
BoBC021215
|
Total Subscribed (P million)
|
1 740.000
|
2 302.000
|
Total Allotment (P million)
|
1 200.000
|
1 000.000
|
Stop-Out Price (P)
|
99.953
|
99.613
|
Stop-Out Yield (percent)
|
1.23
|
1.57
|
Simple Rate (percent)
|
1.23
|
1.56
|
Weighted average yield of winning bids (percent)
|
1.23
|
1.53
|
Simple rate for weighted average winning bids (percent)
|
1.23
|
1.53
|
Weighted average price of winning bids (P)
|
99.953
|
99.621
|
Minimum winning bid yield (percent)
|
1.21
|
1.42
|
Maximum bid yield (percent)
|
1.52
|
1.73
|
Days to Maturity
|
14
|
91
|
Note: BoBC 160915 - Bids above P99.953 received full allotment while bids at P99.953 received around 87.55 percent of the amount applied for.
BoBC 021215 - Bids above P99.613 received full allotment while bids at P99.613 received around 62.60 percent of the amount applied for.
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