The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 28, 2012 are summarised below.
DATE: 13 March, 2012
| Issue | BoBC280312 |
| Total Subscribed (P million) | 4 073.146 |
| Total Allotment (P million) | 3 000.000 |
| Stop-Out Price (P) | 99.831 |
| Stop-Out Yield (percent) | 4.51 |
| Simple Rate (percent) | 4.41 |
| Weighted average yield of winning bids (percent) | 4.45 |
| Simple rate for weighted average winning bids (percent) | 4.36 |
| Weighted average price of winning bids (P) | 99.833 |
| Minimum winning bid yield (percent) | 4.40 |
| Maximum bid yield (percent) | 4.59 |
| Days to Maturity | 14 |
Note: BoBC 280312 – BIDS ABOVE P99.831 RECEIVED FULL ALLOTMENT WHILE BIDS AT
P99.831 RECEIVED 62.50 PERCENT OF AMOUNT APPLIED FOR.