The auction results of the Bank of Botswana Certificates (BoBC) maturing on October 5, 2011 are summarised below.

DATE: September 20, 2011

Issue BoBC 051011
Total Subscribed (P million) 3 735.886
Total Allotment (P million) 3 735.886
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.56
Simple rate for weighted average winning bids (percent) 6.35

Weighted average price of winning bids (P)

99.757
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BoBC 051011 – BIDS AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT.