The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 27, 2011 are summarised below.

DATE: July 12, 2011

Issue BoBC 270711
Total Subscribed (P million) 4 613.725
Total Allotment (P million) 4 613.725
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 270711 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT