The auction results of the Bank of Botswana Certificates (BoBC) maturing on October 19, 2011 and January 4, 2012 are summarised below.

DATE: October 4, 2011

Issue BoBC 191011 BoBC 040112
Total Subscribed (P million) 1 855.476 1 409.731
Total Allotment (P million) 1 855.476 1 161.281
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) 6.56 6.62
Simple rate for weighted average winning bids (percent) 6.35 6.46
Weighted average price of winning bids (P) 99.757 98.415
Minimum winning bid yield (percent) 6.52 6.61
Maximum bid yield (percent) 6.58 6.66
Days to Maturity       14 91

Note: 
BoBC  191011 - Bids at and above P99.756 received full allotment.

BoBC  040112 - Bids at and above P98.405 received full allotment.