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

DATE:January 18, 2011

Issue BoBC 020211
Total Subscribed (P million) 6 169.930
Total Allotment (P million) 6 169.930
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.57
Simple rate for weighted average winning bids (percent) 6.38
Weighted average price of winning bids (P) 99.756
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BOBC 020211 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT