The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 23, 2011 are summarised below.
DATE: February 8, 2011
| Issue | BoBC 230211 |
| Total Subscribed (P million) | 1 810.583 |
| Total Allotment (P million) | 1 700.000 |
| 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 230211 – BIDS ABOVE P99.756 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.756 RECEIVED 83.08 PERCENT OF THE AMOUNT APPLIED FOR