The 14-day BoBC yield edged up 1.13 from 1.10 percent for a paper maturing on December 16, 2015 while that for a 91-day paper maturing on March 2, 2016 dropped to 1.17 from 1.19 percent. The results of the auction held on December 1 are summarised below.
DATE: December 1, 2015
Issue
|
BoBC161215
|
BoBC020316
|
Total Subscribed (P million)
|
1 390.000
|
2 120.500
|
Total Allotment (P million)
|
1 090.000
|
1 000.000
|
Stop-Out Price (P)
|
99.949
|
99.707
|
Stop-Out Yield (percent)
|
1.34
|
1.18
|
Simple Rate (percent)
|
1.33
|
1.18
|
Weighted average yield of winning bids (percent)
|
1.13
|
1.17
|
Simple rate for weighted average winning bids (percent)
|
1.12
|
1.17
|
Weighted average price of winning bids (P)
|
99.957
|
99.710
|
Minimum winning bid yield (percent)
|
1.08
|
1.16
|
Maximum bid yield (percent)
|
1.52
|
1.27
|
Days to Maturity
|
14
|
91
|
Note: BoBC 161215 - Bids at and above P99.949 received full allotment.
BoBC 020316 - Bids above P99.707 received full allotment while bids at P99.707 received around 80 percent of the amount applied for.
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