The auction results of the Bank of Botswana Certificate (BoBC) maturing on September 5, 2012 are summarised below.

DATE: August 21, 2012

Issue BoBC050912
Total Subscribed (P million) 1 527.290
Total Allotment (P million) 1 377.561
Stop-Out Price (P) 99.822
Stop-Out Yield (percent) 4.75
Simple Rate (percent) 4.65
Weighted average yield of winning bids (percent) 4.72
Simple rate for weighted average winning bids (percent) 4.62

Weighted average price of winning bids (P)

99.823
Minimum winning bid yield (percent) 4.70
Maximum bid yield (percent) 4.84
Days to Maturity 14

Note: BoBC 050912 – BIDS AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.