The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 13, 2011 are summarised below.

DATE: June 28, 2011

Issue BoBC 130711
Total Subscribed (P million) 4 319.443
Total Allotment (P million) 4 319.443
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 130711 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT