The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 22, 2010 and March 9, 2011 are summarised below.

DATE: December 7, 2010

Issue BoBC 221210 BoBC090311
Total Subscribed (P million) 6 697.346 3 056.946
Total Allotment (P million) 6 697.346 3 056.946
Stop-Out Price (P) 99.737 98.292
Stop-Out Yield (percent) 7.11 7.15
Simple Rate (percent) 6.87 6.97
Weighted average yield of winning bids (percent) 7.10 7.15
Simple rate for weighted average winning bids (percent) 6.87 6.97
Weighted average price of winning bids (P) 99.737 98.293
Minimum winning bid yield (percent) 7.08 7.13
Maximum bid yield (percent) 7.11 7.15
Days to Maturity     14 91

Note: 
BoBC 221210 - Bids at and above P99.737 received full allotment.
 
BoBC  090311 - Bids at and above P98.292 received full allotment