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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on September 2, 2009 are summarised below.

Issue BoBC 020909

Total Subscribed (P million)

3 124.977

Total Allotment (P million)

3 115.009

Stop-Out Price (P)

99.680

Stop-Out Yield (percent)

8.72

Simple Rate (percent)

8.37

Weighted average yield of winning bids (percent)

8.71

Simple rate for weighted average winning bids (percent)

8.37

Weighted average price of winning bids (P)

99.680

Minimum winning bid yield (percent)

8.69

Maximum bid yield (percent)

8.74

Days to Maturity

14

Note: BOBC 020909 – BIDS AT AND ABOVE P99.680 RECEIVED FULL ALLOTMENT.

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