The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 16, 2011 and May 4, 2011 are summarised below.
DATE: February 1, 2011
| Issue |
BoBC 160211 |
BoBC 040511 |
| Total Subscribed (P million) | 5 037.707 | 3 355.920 |
| Total Allotment (P million) | 5 000.000 | 3 355.920 |
| Stop-Out Price (P) | 99.756 | 98.405 |
| Stop-Out Yield (percent) | 6.58 | 6.66 |
| Simple Rate (percent) | 6.38 | 6.50 |
| Weighted average yield of winning bids (percent) | 6.56 | 6.62 |
| Simple rate for weighted average winning bids (percent) | 6.35 | 6.46 |
| Weighted average price of winning bids (P) | 99.757 | 98.415 |
| Minimum winning bid yield (percent) | 6.52 | 6.60 |
| Maximum bid yield (percent) | 6.58 | 6.66 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 160211 - Bids above P99.756 received full allotment while bids at 99.756 received 98.48 percent of the amount applied for .
BoBC 040511 - Bids at and above P98.405 received full allotment