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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on November 4, 2009 are summarised below.

Issue BoBC 041109

Total Subscribed (P million)

3 933.126

Total Allotment (P million)

3 933.126

Stop-Out Price (P)

99.699

Stop-Out Yield (percent)

8.18

Simple Rate (percent)

7.87

Weighted average yield of winning bids (percent)

8.18

Simple rate for weighted average winning bids (percent)

7.87

Weighted average price of winning bids (P)

99.699

Minimum winning bid yield (percent)

8.15

Maximum bid yield (percent)

8.18

Days to Maturity

14

Note: BOBC 041109 – BIDS AT AND ABOVE P99.699 RECEIVED FULL ALLOTMENT.

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