The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 7, 2010 are summarised below.

DATE: June 22, 2010

Issue BoBC 070710
Total Subscribed (P million) 3 834.906
Total Allotment (P million) 3 834.906
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 070710 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT OF THE AMOUNT APPLIED FOR.