The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 07, 2012 are summarised below.

DATE: February 21, 2012

Issue BoBC070312
Total Subscribed (P million) 3 623 883
Total Allotment (P million) 800.000
Stop-Out Price (P) 99.833
Stop-Out Yield (percent) 4.45
Simple Rate (percent) 4.36
Weighted average yield of winning bids (percent) 4.43
Simple rate for weighted average winning bids (percent) 4.34
Weighted average price of winning bids (P) 99.834
Minimum winning bid yield (percent) 4.29
Maximum bid yield (percent) 4.59
Days to Maturity 14

Note: BoBC 070312 – BIDS  ABOVE P99.833 RECEIVED FULL ALLOTMENT WHILE AT 
P99.833 RECEIVED 49.39 PERCENT OF AMOUNT APPLIED FOR.