The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 15, 2011 are summarised below.

DATE: May 31, 2011

Issue BoBC 150611
Total Subscribed (P million) 5 152.413
Total Allotment (P million) 5 152.413
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.57
Simple rate for weighted average winning bids (percent) 6.38

Weighted average price of winning bids (P)

99.756
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BoBC 150611 – BIDS  AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT