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.