The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 11, 2010 are summarised below.

DATE: July 27, 2010

Issue BoBC 270810
Total Subscribed (P million) 5 427.713
Total Allotment (P million) 5 400.000
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.09
Simple rate for weighted average winning bids (percent) 6.85
Weighted average price of winning bids (P) 99.738
Minimum winning bid yield (percent)  7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 110810 – BIDS   ABOVE P99.737 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.737 RECEIVED 99.03 OF THE AMOUNT APPLIED.