The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 21, 2011 and December 7, 2011 are summarised below.

DATE: September 6, 2011

Issue BoBC 210911 BoBC 071211
Total Subscribed (P million) 3 471.520 1 485.955
Total Allotment (P million) 3 471.520 1 485.955
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) 6.57 6.65
Simple rate for weighted average winning bids (percent) 6.38 6.49
Weighted average price of winning bids (P) 99.756 98.408
Minimum winning bid yield (percent) 6.52 6.61
Maximum bid yield (percent) 6.58 6.66
Days to Maturity     14 91

Note: 
BoBC  210911 - Bids at and above P99.756 received full allotment.

BoBC  071211 - Bids at and above P98.405 received full allotment.