The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 9, 2010 are summarised below.

DATE: May 25, 2010
 

Issue BoBC 090610
Total Subscribed (P million) 4 408.405
Total Allotment (P million) 4 200.000
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.09
Simple rate for weighted average winning bids (percent) 6.85
Weighted average price of winning bids (P) 99.738
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 090610 – BIDS ABOVE P99.737 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.737 RECEIVED 85.64 PERCENT OF THE AMOUNT APPLIED FOR.