The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 28, 2011 are summarised below.
DATE: December 13, 2011
| Issue | BoBC 281211 |
| Total Subscribed (P million) | 4 137.930 |
| Total Allotment (P million) | 2 000.000 |
| Stop-Out Price (P) | 99.825 |
| Stop-Out Yield (percent) | 4.67 |
| Simple Rate (percent) | 4.57 |
| Weighted average yield of winning bids (percent) | 4.40 |
| Simple rate for weighted average winning bids (percent) | 4.31 |
| Weighted average price of winning bids (P) | 99.835 |
| Minimum winning bid yield (percent) | 2.91 |
| Maximum bid yield (percent) | 4.81 |
| Days to Maturity | 14 |
Note: BoBC 281211 – BIDS ABOVE P99.825 RECEIVED FULL ALLOTMENT WHILE AT P99.825 RECEIVED 48.05 PERECENT OF THE AMOUNT APPLIED FOR.