The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 24, 2010 are summarised below.

Issue BoBC 240310
Total Subscribed (P million) 4 557.987
Total Allotment (P million) 4 557.987
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.10
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 240310 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.