The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 22, 2011 and September 7, 2011 are summarised below.

DATE: June 7, 2011

Issue BoBC 220611 BoBC 070911
Total Subscribed (P million) 2 204.616 772.513
Total Allotment (P million) 2 200.000 772.513
Stop-Out Price (P) 99.756 98.405
Stop-Out Yield (percent) 6.58 6.66
Simple Rate (percent) 6.38 6.50
Weighted average yield of winning bids (percent) 6.57 6.64
Simple rate for weighted average winning bids (percent) 6.38 6.48
Weighted average price of winning bids (P) 99.756 98.410
Minimum winning bid yield (percent) 6.52 6.63
Maximum bid yield (percent) 6.58 6.66
Days to Maturity     14 91

Note: 
BoBC  220611 - Bids  above P99.756 received full allotment while bids at P99.756 received 99.72 percent of the amount applied for.

BoBC  070911 - Bids at and above P98.405 received full allotment