The auction results of the Bank of Botswana Certificate (BoBC) maturing on September 12, 2012 are summarised below.

DATE: August 28, 2012

Issue BoBC120912
Total Subscribed (P million) 2 116.284
Total Allotment (P million) 2 066.338
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) 4.70
Maximum bid yield (percent) 4.81
Days to Maturity 14

Note: BoBC 120912 – BIDS AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.