The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 7, 2011 are summarised below.

DATE: August 23, 2011

Issue BoBC 070911
Total Subscribed (P million) 5 461.652
Total Allotment (P million) 5 461.652
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.57
Simple rate for weighted average winning bids (percent) 6.38
Weighted average price of winning bids (P) 99.756
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BoBC 070911 – BIDS AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENt.