The auction results of the Bank of Botswana Certificate (BoBC) maturing on June 13, 2012 are summarised below.

DATE: May 29, 2012

Issue BoBC130612
Total Subscribed (P million) 2 650.506
Total Allotment (P million) 1 700.000
Stop-Out Price (P) 99.830
Stop-Out Yield (percent) 4.54
Simple Rate (percent) 4.44
Weighted average yield of winning bids (percent) 4.47
Simple rate for weighted average winning bids (percent) 4.39

Weighted average price of winning bids (P)

99.832
Minimum winning bid yield (percent) 4.40
Maximum bid yield (percent) 4.65
Days to Maturity 14

Note: BoBC 130612 – BIDS  ABOVE P99.830 RECEIVED FULL ALLOTMENT WHILE BIDS AT 
P99.830 RECEIVED 36.64 PERCENT OF AMOUNT APPLIED FOR.