The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 2, 2012 are summarised below.
DATE: April 17, 2012
| Issue | BoBC020512 |
| Total Subscribed (P million) | 2 141.418 |
| Total Allotment (P million) | 1 700.000 |
| Stop-Out Price (P) | 99.833 |
| Stop-Out Yield (percent) | 4.45 |
| Simple Rate (percent) | 4.36 |
| Weighted average yield of winning bids (percent) | 4.45 |
| Simple rate for weighted average winning bids (percent) | 4.36 |
| Weighted average price of winning bids (P) | 99.833 |
| Minimum winning bid yield (percent) | 4.40 |
| Maximum bid yield (percent) | 4.54 |
| Days to Maturity | 14 |
Note: BoBC 020512 – BIDS ABOVE P99.833 RECEIVED FULL ALLOTMENT WHILE BIDS AT
P99.833 RECEIVED 99.13 PERCENT OF AMOUNT APPLIED FOR.