The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 13, 2011 are summarised below.

DATE: March 29, 2011

Issue BoBC 130411
Total Subscribed (P million) 3 416.663
Total Allotment (P million) 3 416.663
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.56
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 130411 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT