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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on July 15, 2009 are summarised below.

Issue BoBC 150709

Total Subscribed (P million)

1 793.686

Total Allotment (P million)

1 793.686

Stop-Out Price (P)

99.703

Stop-Out Yield (percent)

8.71

Simple Rate (percent)

8.36

Weighted average yield of winning bids (percent)

8.66

Simple rate for weighted average winning bids (percent)

8.31

Weighted average price of winning bids (P)

99.705

Minimum winning bid yield (percent)

8.62

Maximum bid yield (percent)

8.71

Days to Maturity

13

Note: BOBC 150709 – BIDS AT AND ABOVE P99.703 RECEIVED FULL ALLOTMENT.

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