The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 30, 2012 are summarised below.
DATE: May 15, 2012
| Issue | BoBC300512 |
| Total Subscribed (P million) | 2 366.021 |
| Total Allotment (P million) | 1 700.000 |
| Stop-Out Price (P) | 99.827 |
| Stop-Out Yield (percent) | 4.62 |
| Simple Rate (percent) | 4.52 |
| Weighted average yield of winning bids (percent) | 4.41 |
| Simple rate for weighted average winning bids (percent) | 4.31 |
|
Weighted average price of winning bids (P) |
99.835 |
| Minimum winning bid yield (percent) | 4.37 |
| Maximum bid yield (percent) | 4.67 |
| Days to Maturity | 14 |
Note: BoBC 300512 – BIDS ABOVE P99.827 RECEIVED FULL ALLOTMENT WHILE BIDS AT
P99.827 RECEIVED 9.38 PERCENT OF AMOUNT APPLIED FOR.