The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 20, 2011 and July 6, 2011 are summarised below.

DATE: April 6, 2011

Issue BoBC 200411 BoBC 060711
Total Subscribed (P million) 3 805.715 4 236.681
Total Allotment (P million) 3 805.715 4 236.681
Stop-Out Price (P) 99.756 98.405
Stop-Out Yield (percent) 6.58 6.66
Simple Rate (percent) 6.38 6.50
Weighted average yield of winning bids (percent) 6.56 6.63
Simple rate for weighted average winning bids (percent) 6.35 6.47
Weighted average price of winning bids (P) 99.757 98.412
Minimum winning bid yield (percent) 6.52 6.61
Maximum bid yield (percent) 6.58 6.66
Days to Maturity   14 91

Note: 
BoBC  200411 - Bids at and above P99.756 received full allotment

BoBC  060711 - Bids at and above P98.405 received full allotment