The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 14, 2011 are summarised below.
DATE: August 30, 2011
| Issue | BoBC 140911 |
| Total Subscribed (P million) | 2 678.454 |
| Total Allotment (P million) | 2 500.00 |
| 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 140911 – BIDS ABOVE P99.756 RECEIVED FULL ALLOTMENT WHILE THOSE AT P99.756 RECEIVED 92.15% OF THE AMOUNT APPLIED FOR.