The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 16, 2009 and December 2, 2009 are summarised below.
Issue
|
BoBC 160909
|
BoBC 021209
|
Total Subscribed (P million)
|
2 707.838
|
1 274.814
|
Total Allotment (P million)
|
2 000.000
|
1 274.814
|
Stop-Out Price (P)
|
99.699
|
98.052
|
Stop-Out Yield (percent)
|
8.18
|
8.21
|
Simple Rate (percent)
|
7.87
|
7.97
|
Weighted average yield of winning bids (percent)
|
8.16
|
8.16
|
Simple rate for weighted average winning bids (percent)
|
7.84
|
7.92
|
Weighted average price of winning bids (P)
|
99.700
|
98.063
|
Minimum winning bid yield (percent)
|
8.12
|
8.14
|
Maximum bid yield (percent)
|
8.20
|
8.21
|
Days to Maturity
|
14
|
91
|
Note: BoBC160909 - Bids above P99.699 received full allotment while bids at P99.699 received 52.54 percent of the amount applied for.
BoBC021209 - Bids at and above P98.052 received full allotment.
|