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.