The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 31, 2010 are summarised below.

Issue BoBC 310310
Total Subscribed (P million) 2 244.084
Total Allotment (P million) 2 200.000
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.11
Simple rate for weighted average winning bids (percent) 6.87
Weighted average price of winning bids (P) 99.737
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 310310 – BIDS ABOVE P99.737 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.737 RECEIVED 97.89 PERCENT OF THE AMOUNT APPLIED FOR.