The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 9, 2012 are summarised below.

DATE: April 24, 2012

Issue BoBC090512
Total Subscribed (P million) 5 890.073
Total Allotment (P million) 3 000.000
Stop-Out Price (P) 99.833
Stop-Out Yield (percent) 4.45
Simple Rate (percent) 4.36
Weighted average yield of winning bids (percent) 4.42
Simple rate for weighted average winning bids (percent) 4.34
Weighted average price of winning bids (P) 99.834
Minimum winning bid yield (percent) 4.40
Maximum bid yield (percent) 4.67
Days to Maturity 14

Note: BoBC 090512 – BIDS  ABOVE P99.833 RECEIVED FULL ALLOTMENT WHILE BIDS AT 
P99.833 RECEIVED 62.80 PERCENT OF AMOUNT APPLIED FOR.