The auction results of the Bank of Botswana Certificates (BoBC) maturing on October 26, 2011 are summarised below.

DATE: October 11, 2011

Issue BoBC 261011
Total Subscribed (P million) 5 266.127
Total Allotment (P million) 5 266.127
Stop-Out Price (P) 99.756
Stop-Out Yield (percent) 6.58
Simple Rate (percent) 6.38
Weighted average yield of winning bids (percent) 6.57
Simple rate for weighted average winning bids (percent) 6.38
Weighted average price of winning bids (P) 99.756
Minimum winning bid yield (percent) 6.52
Maximum bid yield (percent) 6.58
Days to Maturity 14

Note: BoBC 261011 – BIDS AT AND ABOVE P99.756 RECEIVED FULL ALLOTMENT.