The 14-day BoBC yield remained at 1.10 percent for a paper maturing on November 18, 2015 while that for a 91-day paper maturing on Februarry 3, 2016 dropped to 1.19 percent from 1.31. The results of the auction held on November 3 are summarised below.
DATE: November 3, 2015
Issue
|
BoBC181115
|
BoBC030216
|
Total Subscribed (P million)
|
1 910.000
|
3 130.000
|
Total Allotment (P million)
|
1 810.000
|
2 000.000
|
Stop-Out Price (P)
|
99.950
|
99.689
|
Stop-Out Yield (percent)
|
1.31
|
1.26
|
Simple Rate (percent)
|
1.30
|
1.25
|
Weighted average yield of winning bids (percent)
|
1.10
|
1.19
|
Simple rate for weighted average winning bids (percent)
|
1.10
|
1.19
|
Weighted average price of winning bids (P)
|
99.958
|
99.705
|
Minimum winning bid yield (percent)
|
1.05
|
1.16
|
Maximum bid yield (percent)
|
1.52
|
1.52
|
Days to Maturity
|
14
|
91
|
Note: BoBC 181115 - Bids at and above P99.950 received full allotment.
BoBC 030216 - Bids above P99.689 received full allotment while bids at P99.689 received around 77.31 percent of the amount applied for.
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