The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 21, 2010 and October 6, 2010 are summarised below.

DATE: July 06, 2010

Issue BoBC 210710 BoBC 061010
Total Subscribed (P million) 3 331.239 4 403.568
Total Allotment (P million) 3 331.239 4 000.000
Stop-Out Price (P) 99.737 98.292
Stop-Out Yield (percent) 7.11 7.15
Simple Rate (percent) 6.87 6.97
Weighted average yield of winning bids (percent) 7.09 7.15
Simple rate for weighted average winning bids (percent) 6.85 6.97
Weighted average price of winning bids (P) 99.738 98.293
Minimum winning bid yield (percent) 7.08 7.13
Maximum bid yield (percent) 7.11 7.15
Days to Maturity  14 91

Note: 
BoBC 210710 - Bids  at and above P99.737 received full allotment.
 
BoBC 061010 - Bids above P98.292 received full allotment while bids at P98.292 received 65.78 percent of the amount applied for.