The auction results of the Bank of Botswana Certificates (BoBC) maturing on December 7, 2011 are summarised below.
DATE: November 22, 2011
| Issue | BoBC 071211 |
| Total Subscribed (P million) | 8 675.730 |
| Total Allotment (P million) | 5 700.000 |
| Stop-Out Price (P) | 99.885 |
| Stop-Out Yield (percent) | 3.05 |
| Simple Rate (percent) | 3.00 |
| Weighted average yield of winning bids (percent) | 2.40 |
| Simple rate for weighted average winning bids (percent) | 2.37 |
| Weighted average price of winning bids (P) | 99.909 |
| Minimum winning bid yield (percent) | 1.50 |
| Maximum bid yield (percent) | 4.59 |
| Days to Maturity | 14 |
Note: BoBC 071211 – BIDS ABOVE P99.885 RECEIVED FULL ALLOTMENT WHILE AT P99.885 RECEIVED 82.16 PERECENT OF THE AMOUNT APPLIED FOR.