The 14-day BoBC yield dropped to 3.09 percent from 3.11 for a paper maturing on February 5, 2014. The results of the auction held on January 21, are summarised below.

DATE: January 21, 2014

ISSUE BOBC050214
TOTAL SUBSCRIBED 2 337.255
TOTAL ALLOTMENT (P' MILLION) 1 800.000
STOP-OUT PRICE (P) 99.881
STOP-OUT YIELD (percent) 3.15
SIMPLE RATE (percent) 3.11
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) 3.09
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) 3.05
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) 99.883
MINIMUM WINNING BID YIELD (percent) 3.07
MAXIMUM BID YIELD (percent) 3.15
DAYS TO MATURITY 14


NOTE: BoBC 050214 - BIDS  ABOVE P99.881 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.881 RECEIVED 17.25 PERCENT OF THE AMOUNT APPLIED FOR.

distributed by