The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 8, 2012 are summarised below.

DATE: January 24, 2012

Issue BoBC080212
Total Subscribed (P million) 4 023.221
Total Allotment (P million) 2 000.000
Stop-Out Price (P) 99.831
Stop-Out Yield (percent) 4.51
Simple Rate (percent) 4.41
Weighted average yield of winning bids (percent) 4.45
Simple rate for weighted average winning bids (percent) 4.36

Weighted average price of winning bids (P)

99.833
Minimum winning bid yield (percent) 4.07
Maximum bid yield (percent) 4.65
Days to Maturity 14

Note: BoBC 080212 – BIDS  ABOVE P99.831 RECEIVED FULL ALLOTMENT WHILE AT P99.831 RECEIVED 43.09 PERCENT OF AMOUNT APPLIED FOR.