The auction results of the Bank of Botswana Certificate (BoBC) maturing on August 1, 2012 are summarised below.

DATE:July 13, 2012

Issue BoBC010812
Total Subscribed (P million) 1 597.167
Total Allotment (P million) 1 297.707
Stop-Out Price (P) 99.822
Stop-Out Yield (percent) 4.75
Simple Rate (percent) 4.65
Weighted average yield of winning bids (percent) 4.71
Simple rate for weighted average winning bids (percent) 4.60
Weighted average price of winning bids (P) 99.824
Minimum winning bid yield (percent) 4.65
Maximum bid yield (percent) 4.81
Days to Maturity 14

Note: BoBC 010812 – BIDS  AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.