The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 11, 2012 are summarised below.
DATE: December 23, 2011
| Issue | BoBC110112 |
| Total Subscribed (P million) | 3 878.428 |
| Total Allotment (P million) | 2 000.000 |
| Stop-Out Price (P) | 99.828 |
| Stop-Out Yield (percent) | 4.59 |
| Simple Rate (percent) | 4.49 |
| Weighted average yield of winning bids (percent) | 4.50 |
| Simple rate for weighted average winning bids (percent) | 4.41 |
| Weighted average price of winning bids (P) | 99.831 |
| Minimum winning bid yield (percent) | 3.83 |
| Maximum bid yield (percent) | 4.65 |
| Days to Maturity | 14 |
Note: BoBC 110112 – BIDS ABOVE P99.828 RECEIVED FULL ALLOTMENT WHILE AT P99.828 RECEIVED 38.73 PERCENT OF AMOUNT APPLIED FOR.