The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 12, 2010 are summarised below.

Issue BoBC 120510
Total Subscribed (P million) 2 134.382
Total Allotment (P million) 2 134.382
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.09
Simple rate for weighted average winning bids (percent) 6.85
Weighted average price of winning bids (P) 99.738
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 120510 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.