The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 18, 2012 and July 4, 2012 are summarised below.
DATE: April 3, 2012
| Issue | BoBC180412 | BoBC 040712 |
| Total Subscribed (P million) | 3 064.749 | 3 568.028 |
| Total Allotment (P million) | 1 760.000 | 2 150.000 |
| Stop-Out Price (P) | 99.831 | 98.696 |
| Stop-Out Yield (percent) | 4.51 | 5.41 |
| Simple Rate (percent) | 4.41 | 5.30 |
| Weighted average yield of winning bids (percent) | 4.47 | 5.32 |
| Simple rate for weighted average winning bids (percent) | 4.39 | 5.22 |
| Weighted average price of winning bids (P) | 99.832 | 98.716 |
| Minimum winning bid yield (percent) | 4.40 | 5.15 |
| Maximum bid yield (percent) | 4.75 | 5.64 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 180412 - Bids above P99.831 received full allotment while bids at P99.831 received 30.98 percent of the amount applied for.
BoBC 040712 - Bids above P98.696 received full allotment while bids at P98.696 received 90.99 percent of the amount applied for.