The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 17, 2010 and February 2, 2011 are summarised below.

DATE: November 2, 2010

Issue BoBC 171110 BoBC020211
Total Subscribed (P million) 2 732.801 2 653.950
Total Allotment (P million) 2 200.000 2 653.950
Stop-Out Price (P) 99.737 98.292
Stop-Out Yield (percent) 7.11 7.15
Simple Rate (percent) 6.87 6.97
Weighted average yield of winning bids (percent) 7.10 7.14
Simple rate for weighted average winning bids (percent) 6.87 6.96
Weighted average price of winning bids (P) 99.737 98.295
Minimum winning bid yield (percent) 7.08 7.13
Maximum bid yield (percent) 7.11 7.15
Days to Maturity       14 91

Note: 
BoBC 171110 - Bids above P99.737 received full allotment while bids at 99.737 received 73.68 percent of the amount applied for.
 
BoBC  020211 - Bids at and above P98.292 received full allotment.