The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 14, 2010 are summarised below.

DATE: June 29, 2010

Issue BoBC 140710
Total Subscribed (P million) 3 614.472
Total Allotment (P million) 3 600.000
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.10
Simple rate for weighted average winning bids (percent) 6.87
Weighted average price of winning bids (P) 99.737
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 140710 – BIDS  ABOVE P99.737 RECEIVED FULL ALLOTMENT WHILE BIDS AT 99.737 RECEIVED 99.56 PERCENT OF THE AMOUNT APPLIED FOR.