The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 15, 2012 are summarised below.

DATE: January 31, 2012

Issue BoBC150212
Total Subscribed (P million) 5 760.223
Total Allotment (P million) 3 000.000
Stop-Out Price (P) 99.831
Stop-Out Yield (percent) 4.51
Simple Rate (percent) 4.41
Weighted average yield of winning bids (percent) 4.49
Simple rate for weighted average winning bids (percent) 4.39

Weighted average price of winning bids (P)

99.832
Minimum winning bid yield (percent) 4.40
Maximum bid yield (percent) 4.78
Days to Maturity 14

Note: BoBC 150212 – BIDS  ABOVE P99.831 RECEIVED FULL ALLOTMENT WHILE AT P99.831 RECEIVED 61.22 PERCENT OF AMOUNT APPLIED FOR.