The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 19, 2012 and December 5, 2012 are summarised below.

DATE:September 4, 2012

Issue BoBC190912 BoBC 051212
Total Subscribed (P million) 1 706.985 2 507.075
Total Allotment (P million) 1 200.000 2 300.000
Stop-Out Price (P) 99.824 98.700
Stop-Out Yield (percent) 4.70 5.39
Simple Rate (percent) 4.60 5.28
Weighted average yield of winning bids (percent) 4.70 5.37
Simple rate for weighted average winning bids (percent) 4.60 5.27
Weighted average price of winning bids (P) 99.824 98.704
Minimum winning bid yield (percent) 4.70 5.30
Maximum bid yield (percent) 4.75 5.41
Days to Maturity  14 91

Note: 
BoBC  190912 - Bids at  P99.824 received 88.39 percent of the amount applied for.

BoBC  051212 - Bids above P98.700 received full allotment while bids at P98.700 received 92.53 percent of the amount applied for.