The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 4, 2012 are summarised below.
DATE: March 20, 2012
| Issue | BoBC040412 |
| Total Subscribed (P million) | 3 409.212 |
| Total Allotment (P million) | 1 500.000 |
| Stop-Out Price (P) | 99.832 |
| Stop-Out Yield (percent) | 4.48 |
| Simple Rate (percent) | 4.39 |
| Weighted average yield of winning bids (percent) | 4.46 |
| 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) | 4.70 |
| Days to Maturity | 14 |
Note: BoBC 040412 – BIDS ABOVE P99.832 RECEIVED FULL ALLOTMENT WHILE BIDS AT
P99.832 RECEIVED 29.00 PERCENT OF AMOUNT APPLIED FOR.