The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 14, 2011 are summarised below.
DATE: November 29, 2011
Issue | BoBC 141211 |
Total Subscribed (P million) | 5 623.156 |
Total Allotment (P million) | 1 600.000 |
Stop-Out Price (P) | 99.890 |
Stop-Out Yield (percent) | 2.91 |
Simple Rate (percent) | 2.87 |
Weighted average yield of winning bids (percent) | 2.69 |
Simple rate for weighted average winning bids (percent) | 2.66 |
Weighted average price of winning bids (P) | 99.898 |
Minimum winning bid yield (percent) | 1.76 |
Maximum bid yield (percent) | 5.11 |
Days to Maturity | 14 |
Note: BoBC 141211 – BIDS ABOVE P99.890 RECEIVED FULL ALLOTMENT WHILE AT P99.890 RECEIVED 1.15 PERECENT OF THE AMOUNT APPLIED FOR.