The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 17, 2011 and November 2, 2011 are summarised below.

DATE: August 2, 2011

Issue BoBC 170811 BoBC 021111
Total Subscribed (P million) 2 563.737 3 414.790
Total Allotment (P million) 2 563.737 3 200.000
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) 6.57 6.64
Simple rate for weighted average winning bids (percent) 6.38 6.48
Weighted average price of winning bids (P) 99.756 98.409
Minimum winning bid yield (percent) 6.52 6.61
Maximum bid yield (percent) 6.58 6.66
Days to Maturity     14 91

Note: 
BoBC  170811 - Bids at and above P99.756 received full allotment.

BoBC  021111 - Bids above P98.405 received full allotment while bids at P98.405 received 89.61 percent of the amount applied for.