The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 21, 2012 and June 6, 2012 are summarised below.
DATE: March 6, 2012
| Issue |
BoBC210312 |
BoBC 060612 |
| Total Subscribed (P million) | 1 707.143 | 3 340.592 |
| Total Allotment (P million) | 1 520.000 | 1 900.000 |
| Stop-Out Price (P) | 99.832 | 98.684 |
| Stop-Out Yield (percent) | 4.48 | 5.46 |
| Simple Rate (percent) | 4.39 | 5.35 |
| Weighted average yield of winning bids (percent) | 4.45 | 5.38 |
| Simple rate for weighted average winning bids (percent) | 4.36 | 5.27 |
| Weighted average price of winning bids (P) | 99.833 | 98.702 |
| Minimum winning bid yield (percent) | 4.40 | 5.31 |
| Maximum bid yield (percent) | 4.54 | 5.56 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 210312 - Bids above P99.832 received full allotment while bids at P99.832 received 94.41 percent of the amount applied for.
BoBC 060612 - Bids above P98.684 received full allotment while bids at P98.684 received 93.57 percent of the amount applied for.