The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 2, 2011 are summarised below.

DATE: February 15, 2011

Issue BoBC 020311
Total Subscribed (P million) 5 067.639
Total Allotment (P million) 5 067.039
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.56
Simple rate for weighted average winning bids (percent) 6.35
Weighted average price of winning bids (P) 99.757
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BOBC 020311 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT