The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 30, 2011 are summarised below.
DATE: March 15, 2011
| Issue | BoBC 300311 |
| Total Subscribed (P million) | 3 536.379 |
| Total Allotment (P million) | 3 500.000 |
| Stop-Out Price (P) | 99.756 |
| Stop-Out Yield (percent) | 6.58 |
| Simple Rate (percent) | 6.38 |
| Weighted average yield of winning bids (percent) | 6.55 |
| Simple rate for weighted average winning bids (percent) | 6.35 |
| Weighted average price of winning bids (P) | 99.757 |
| Minimum winning bid yield (percent) | 6.52 |
| Maximum bid yield (percent) |
6.58 |
| Days to Maturity | 14 |
Note: BOBC 300311 – BIDS ABOVE P99.756 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.756 RECEIVED 95.81 PERCENT OF THE AMOUNT APPLIED FOR.