The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 4, 2012 are summarised below.
DATE: December 20, 2011
| Issue | BoBC040112 |
| Total Subscribed (P million) | 6 638.543 |
| Total Allotment (P million) | 4 200.000 |
| Stop-Out Price (P) | 99.827 |
| Stop-Out Yield (percent) | 4.62 |
| Simple Rate (percent) | 4.52 |
| Weighted average yield of winning bids (percent) | 4.56 |
| Simple rate for weighted average winning bids (percent) | 4.47 |
| Weighted average price of winning bids (P) | 99.829 |
| Minimum winning bid yield (percent) | 4.34 |
| Maximum bid yield (percent) | 6.58 |
| Days to Maturity | 14 |
Note: BoBC 040112 – BIDS ABOVE P99.827 RECEIVED FULL ALLOTMENT WHILE AT P99.827 RECEIVED 46.72 PERCENT OF AMOUNT APPLIED FOR.