The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 11, 2011 are summarised below.

DATE: April 26, 2011

Issue BoBC 110511
Total Subscribed (P million) 2 853.038
Total Allotment (P million) 2 853.038
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.56
Simple rate for weighted average winning bids (percent) 6.35
Weighted average price of winning bids (P) 99.757
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BoBC 110511 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT