The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 18, 2012 and October 3, 2012 are summarised below.
DATE: July 3, 2012
| Issue | BoBC180712 | BoBC 031012 |
| Total Subscribed (P million) | 1 435.516 | 1 969.209 |
| Total Allotment (P million) | 1 200.000 | 1 969.209 |
| Stop-Out Price (P) | 99.823 | 98.700 |
| Stop-Out Yield (percent) | 4.73 | 5.39 |
| Simple Rate (percent) | 4.62 | 5.28 |
| Weighted average yield of winning bids (percent) | 4.59 | 5.36 |
| Simple rate for weighted average winning bids (percent) | 4.49 | 5.25 |
| Weighted average price of winning bids (P) | 99.828 | 98.707 |
| Minimum winning bid yield (percent) | 4.51 | 5.26 |
| Maximum bid yield (percent) | 4.73 | 5.39 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 180712 - Bids above P99.823 received full allotment while bids at P99.823 received 5.63 percent of the amount applied for.
BoBC 031012 - Bids at and above P98.70 received full allotment.