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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 23, 2009 are summarised below.

Issue BoBC 230909

Total Subscribed (P million)

4 107.609

Total Allotment (P million)

4 107.609

Stop-Out Price (P)

99.699

Stop-Out Yield (percent)

8.18

Simple Rate (percent)

7.87

Weighted average yield of winning bids (percent)

8.17

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 230909 – BIDS AT AND ABOVE P99.699 RECEIVED FULL ALLOTMENT.

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