The auction results of the Bank of Botswana Certificate (BoBC) maturing on July 4, 2012 are summarised below.
DATE: June 19, 2012
| Issue | BoBC040712 |
| Total Subscribed (P million) | 1 497.436 |
| Total Allotment (P million) | 1100.000 |
| Stop-Out Price (P) | 99.827 |
| Stop-Out Yield (percent) | 4.62 |
| Simple Rate (percent) | 4.52 |
| Weighted average yield of winning bids (percent) | 4.54 |
| Simple rate for weighted average winning bids (percent) | 4.44 |
| Weighted average price of winning bids (P) | 99.830 |
| Minimum winning bid yield (percent) | 4.40 |
| Maximum bid yield (percent) | 4.62 |
| Days to Maturity | 14 |
Note: BoBC 040712 – BIDS ABOVE P99.827 RECEIVED FULL ALLOTMENT WHILE BIDS AT
P99.827 RECEIVED 33.65 PERCENT OF AMOUNT APPLIED FOR.