The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 25, 2011 are summarised below.

DATE: May 10, 2011

Issue BoBC 250511
Total Subscribed (P million) 2 848.050
Total Allotment (P million) 2 848.050
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 250511 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT