The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 22, 2012 and May 9, 2012 are summarised below.
DATE: February 8, 2012
| Issue | BoBC 220212 | BoBC 090512 |
| Total Subscribed (P million) |
1 557.364 |
2 673.625 |
| Total Allotment (P million) | 800.000 | 1 200.000 |
| Stop-Out Price (P) | 99.832 | 98.659 |
| Stop-Out Yield (percent) | 4.48 | 5.56 |
| Simple Rate (percent) | 4.39 | 5.45 |
| Weighted average yield of winning bids (percent) | 4.47 | 5.53 |
| Simple rate for weighted average winning bids (percent) | 4.39 | 5.42 |
| Weighted average price of winning bids (P) | 99.832 | 98.667 |
| Minimum winning bid yield (percent) | 4.43 | 5.20 |
| Maximum bid yield (percent) | 4.59 | 5.88 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 220212 - Bids above P99.832 received full allotment while bids at P99.832 received 73.99 percent of the amount applied for.
BoBC 090512 - Bids above P98.659 received full allotment while bids at P98.659 received 42.62 percent of the amount applied for.