The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 23, 2012 and August 8, 2012 are summarised below.
DATE: May 8, 2012
| Issue | BoBC230512 | BoBC 080812 |
| Total Subscribed (P million) | 1 846.946 | 2 399.024 |
| Total Allotment (P million) | 1 800.000 | 2 399.024 |
| Stop-Out Price (P) | 99.833 | 98.696 |
| Stop-Out Yield (percent) | 4.45 | 5.41 |
| Simple Rate (percent) | 4.36 | 5.30 |
| Weighted average yield of winning bids (percent) | 4.40 | 5.28 |
| Simple rate for weighted average winning bids (percent) | 4.31 | 5.18 |
| Weighted average price of winning bids (P) | 99.835 | 98.725 |
| Minimum winning bid yield (percent) | 4.37 | 5.15 |
| Maximum bid yield (percent) | 4.45 | 5.41 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 230512 - Bids above P99.833 received full allotment while bids at P99.833 received 5.95 percent of the amount applied for.
BoBC 080812 - Bids at and above P98.696 received full allotment.