The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 26, 2010 are summarised below.

DATE: May 11, 2010

Issue BoBC 260510
Total Subscribed (P million) 3 071.915
Total Allotment (P million) 3 071.915
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 260510 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.