The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 29, 2010 are summarised below.

DATE:December 14, 2010

Issue BoBC 291210
Total Subscribed (P million) 1 929.917
Total Allotment (P million) 1 929.917
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.10
Simple rate for weighted average winning bids (percent) 6.87
Weighted average price of winning bids (P) 99.737
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 291210 – BIDS  AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT