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.