The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 6, 2011 are summarised below.

DATE: March 22, 2011

Issue BoBC 060411
Total Subscribed (P million) 4 434.190
Total Allotment (P million) 4 434.190
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 060411 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT