The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 23, 2011 are summarised below.
DATE: November 8, 2011
| Issue | BoBC 231111 |
| Total Subscribed (P million) | 9 258.299 |
| Total Allotment (P million) | 5 700.000 |
| Stop-Out Price (P) | 99.763 |
| Stop-Out Yield (percent) | 6.38 |
| Simple Rate (percent) | 6.19 |
| Weighted average yield of winning bids (percent) | 6.18 |
| Simple rate for weighted average winning bids (percent) | 6.01 |
| Weighted average price of winning bids (P) | 99.770 |
| Minimum winning bid yield (percent) | 4.59 |
| Maximum bid yield (percent) | 6.58 |
| Days to Maturity | 14 |
Note: BoBC 231111 – BIDS ABOVE P99.763 RECEIVED FULL ALLOTMENT WHILE AT P99.763 RECEIVED 91.03 PERECENT OF THE AMOUNT APPLIED FOR.