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

DATE: February 22, 2011

Issue BoBC 090311
Total Subscribed (P million) 1 745.745
Total Allotment (P million) 1 745.745
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.55
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 090311 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT