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