The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 21, 2011 and March 7, 2012 are summarised below.
DATE: December 6, 2011
| Issue | BoBC 211211 | BoBC 070312 |
| Total Subscribed (P million) | 6 018.955 | 2 952.693 |
| Total Allotment (P million) | 4 200.000 | 2 597.997 |
| Stop-Out Price (P) | 99.818 | 98.587 |
| Stop-Out Yield (percent) | 4.86 | 5.87 |
| Simple Rate (percent) | 4.75 | 5.75 |
| Weighted average yield of winning bids (percent) | 4.46 | 3.45 |
| Simple rate for weighted average winning bids (percent) | 4.36 | 3.41 |
| Weighted average price of winning bids (P) | 99.833 | 99.158 |
| Minimum winning bid yield (percent) | 2.27 | 1.87 |
| Maximum bid yield (percent) | 6.38 | 6.41 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 211211 - Bids above P99.818 received full allotment while bids at P99.818 received 53.91 percent of the amount applied for.
BoBC 070312 - Bids at and above P98.587 received full allotment.