The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 18, 2011 and August 3, 2011 are summarised below.

DATE: May 3, 2011

Issue

BoBC 180511

BoBC 030811
Total Subscribed (P million) 3 760.808 3 729.679
Total Allotment (P million) 3 760.808 3 729.679
Stop-Out Price (P) 99.756 98.405
Stop-Out Yield (percent) 6.58 6.66
Simple Rate (percent) 6.38 6.50
Weighted average yield of winning bids (percent) 6.57 6.65
Simple rate for weighted average winning bids (percent) 6.35 6.49
Weighted average price of winning bids (P) 99.756 98.408
Minimum winning bid yield (percent) 6.52 6.61
Maximum bid yield (percent) 6.58 6.66
Days to Maturity    14 91

Note: 
BoBC  180511 - Bids at and above P99.756 received full allotment

BoBC  030811 - Bids at and above P98.405 received full allotment