The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 28, 2010 are summarised below.

DATE: July 13, 2010

Issue BoBC 280710
Total Subscribed (P million) 4 222.868
Total Allotment (P million) 4 222.868
Stop-Out Price (P)  99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.10
Simple rate for weighted average winning bids (percent) 6.87
Weighted average price of winning bids (P) 99.737
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 280710 – BIDS  AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.