The auction results of the Bank of Botswana Certificate (BoBC) maturing on August 29, 2012 are summarised below.

DATE:August 14, 2012

Issue BoBC290812
Total Subscribed (P million) 2 236.025
Total Allotment (P million) 2 086.295
Stop-Out Price (P) 99.822
Stop-Out Yield (percent) 4.75
Simple Rate (percent) 4.65
Weighted average yield of winning bids (percent) 4.73
Simple rate for weighted average winning bids (percent) 4.62
Weighted average price of winning bids (P) 99.823
Minimum winning bid yield (percent) 4.67
Maximum bid yield (percent) 4.81
Days to Maturity 14

Note: BoBC 290812 – BIDS AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.