The auction results of the Bank of Botswana Certificates (BoBC) maturing on August 19, 2009 and November 4, 2009 are summarised below.
Issue
|
BoBC 190809
|
BoBC 041109
|
Total Subscribed (P million)
|
3 040.246
|
4 862.741
|
Total Allotment (P million)
|
3 040.246
|
4 300.000
|
Stop-Out Price (P)
|
99.680
|
97.939
|
Stop-Out Yield (percent)
|
8.72
|
8.71
|
Simple Rate (percent)
|
8.37
|
8.44
|
Weighted average yield of winning bids (percent)
|
8.71
|
8.70
|
Simple rate for weighted average winning bids (percent)
|
8.37
|
8.43
|
Weighted average price of winning bids (P)
|
99.680
|
97.942
|
Minimum winning bid yield (percent)
|
8.69
|
8.70
|
Maximum bid yield (percent)
|
8.72
|
8.73
|
Days to Maturity
|
14
|
91
|
Note:BoBC190809 - Bids at and above P99.680 received full allotment.
BoBC041109 - Bids above P97.939 received full allotment while bids at P97.939 received 79.89 percent of the amount applied for.
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