The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 20, 2012 and September 5, 2012 are summarised below.

DATE: June 5, 2012

Issue BoBC200612 BoBC 050912
Total Subscribed (P million) 1 083.180 2 226.226
Total Allotment (P million) 1 083.180 2 100.000
Stop-Out Price (P) 99.830 98.703
Stop-Out Yield (percent) 4.54 5.38
Simple Rate (percent) 4.44 5.27
Weighted average yield of winning bids (percent) 4.48 5.28
Simple rate for weighted average winning bids (percent) 4.39 5.18
Weighted average price of winning bids (P) 99.832 98.725
Minimum winning bid yield (percent) 4.40 5.15
Maximum bid yield (percent) 4.54 5.38
Days to Maturity    14 91

Note: 
BoBC  200612 - Bids at and above P99.830 received full allotment. 
BoBC  050912 - Bids above P98.703 received full allotment while bids at P98.703 received 36.06 percent of the amount applied for.