The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 19, 2010 and August 4, 2010 are summarised below.
DATE: May 04, 2010
| Issue | BoBC 190510 | BoBC 040810 |
| Total Subscribed (P million) |
4 293.693 |
4 570.732 |
| Total Allotment (P million) | 3 900.000 | 4 570.732 |
| Stop-Out Price (P) |
99.737 |
98.292 |
| Stop-Out Yield (percent) |
7.11 |
7.15 |
| Simple Rate (percent) |
6.87 |
6.97 |
| Weighted average yield of winning bids (percent) |
7.10 |
7.14 |
| Simple rate for weighted average winning bids (percent) | 6.87 | 6.96 |
| Weighted average price of winning bids (P) |
99.737 |
98.295 |
| Minimum winning bid yield (percent) | 7.05 | 7.12 |
| Maximum bid yield (percent) |
7.11 |
7.15 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 190510 - Bids above P99.737 received full allotment while bids at P99.737 received 87.78 percent of the amount applied for.
BoBC 040810 - Bids at and above P98.292 received full allotment.