The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 22, 2009 and October 7, 2009 are summarised below.
Issue
|
BoBC 220709
|
BoBC 071009
|
Total Subscribed (P million)
|
5 671.790
|
4 289.744
|
Total Allotment (P million)
|
5 600.000
|
4 289.744
|
Stop-Out Price (P)
|
99.680
|
97.935
|
Stop-Out Yield (percent)
|
8.72
|
8.73
|
Simple Rate (percent)
|
8.37
|
8.46
|
Weighted average yield of winning bids (percent)
|
8.68
|
8.71
|
Simple rate for weighted average winning bids (percent)
|
8.34
|
8.44
|
Weighted average price of winning bids (P)
|
99.681
|
97.939
|
Minimum winning bid yield (percent)
|
8.63
|
8.67
|
Maximum bid yield (percent)
|
8.72
|
8.73
|
Days to Maturity
|
14
|
91
|
Note:BoBC220709 - Bids above P99.680 received full allotment while bids at P99.680 received 85.50 percent of the amount applied for.
BoBC071009 - Bids at and above P97.935 received full allotment.
|