The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 17, 2010 and June 2, 2010 are summarised below.

Issue

BoBC 1703110

BoBC 020610
Total Subscribed (P million) 1 573.852 1 706.386
Total Allotment (P million) 1 573.852 1 600.000
Stop-Out Price (P) 99.737 98.291
Stop-Out Yield (percent) 7.11 7.16
Simple Rate (percent) 6.87 6.97
Weighted average yield of winning bids (percent) 7.10 7.15
Simple rate for weighted average winning bids (percent) 6.87 6.97
Weighted average price of winning bids (P) 99.737 98.293
Minimum winning bid yield (percent) 7.08 7.13
Maximum bid yield (percent) 7.11 7.16
Days to Maturity 14 91

Note:

BoBC 170310 - Bids at and above P99.737 received full allotment.

BoBC 020610 - Bids above P98.291 received full allotment while bids at P98.291 received 63.92 percent of the amount applied for.