The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 3, 2011 are summarised below.
DATE: July 15, 2011
Issue | BoBC 030811 |
Total Subscribed (P million) | 2 389.164 |
Total Allotment (P million) | 2 300.000 |
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 030811 – BIDS ABOVE P99.756 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.756 RECEIVED 94.95 PERCENT OF AMOUNT APPLIED FOR