The auction results of the Bank of Botswana Certificate (BoBC) maturing on October 3, 2012 are summarised below.
DATE: September 18, 2012
| Issue | BoBC031012 |
| Total Subscribed (P million) | 1 976.521 |
| Total Allotment (P million) | 1 400.000 |
| Stop-Out Price (P) | 99.824 |
| Stop-Out Yield (percent) | 4.70 |
| Simple Rate (percent) | 4.60 |
| Weighted average yield of winning bids (percent) | 4.67 |
| Simple rate for weighted average winning bids (percent) | 4.57 |
| Weighted average price of winning bids (P) | 99.825 |
| Minimum winning bid yield (percent) | 4.65 |
| Maximum bid yield (percent) | 4.75 |
| Days to Maturity | 14 |
Note: BoBC 031012 – BIDS ABOVE P99.824 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.824 RECEIVED 92.13 PERCENT OF THE AMOUNT APPLIED FOR.