The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 30, 2011 are summarised below.
DATE: November 15, 2011
| Issue | BoBC 301111 |
| Total Subscribed (P million) | 5 155.194 |
| Total Allotment (P million) | 1 600.000 |
| Stop-Out Price (P) | 99.828 |
| Stop-Out Yield (percent) | 4.59 |
| Simple Rate (percent) | 4.49 |
| Weighted average yield of winning bids (percent) | 3.97 |
| Simple rate for weighted average winning bids (percent) | 3.89 |
| Weighted average price of winning bids (P) | 99.851 |
| Minimum winning bid yield (percent) | 3.05 |
| Maximum bid yield (percent) | 6.38 |
| Days to Maturity | 14 |
Note: BoBC 301111 – BIDS ABOVE P99.828 RECEIVED FULL ALLOTMENT WHILE AT P99.828 RECEIVED 49.62 PERECENT OF THE AMOUNT APPLIED FOR.