The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 16, 2009 and March 3, 2010 are summarised below.

Issue BoBC 161209 BoBC 030310
Total Subscribed (P million)

2 826.479

1 598.277
Total Allotment (P million) 2 800.000 1 598.277
Stop-Out Price (P) 99.699 98.052
Stop-Out Yield (percent) 8.18 8.21
Simple Rate (percent) 7.87 7.97
Weighted average yield of winning bids (percent) 8.16 8.20
Simple rate for weighted average winning bids (percent)

7.84

7.96
Weighted average price of winning bids (P)

99.700

98.054
Minimum winning bid yield (percent) 8.15 8.17
Maximum bid yield (percent) 8.18 8.21
Days to Maturity 14 91

Note:

BoBC161209 - Bids above P99.699 received full allotment while bids at P99.699 received 98.30 percent of the amount applied for.

 BoBC030310 - Bids at and above P98.052 received full allotment.