The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 17, 2009 and September 2, 2009 are summarised below.
Issue
|
BoBC 170609
|
BoBC 020909
|
Total Subscribed (P million)
|
1 835.058
|
2 151.655
|
Total Allotment (P million)
|
1 835.058
|
1 800.000
|
Stop-Out Price (P)
|
99.623
|
97.578
|
Stop-Out Yield (percent)
|
10.35
|
10.33
|
Simple Rate (percent)
|
9.87
|
9.96
|
Weighted average yield of winning bids (percent)
|
10.34
|
10.32
|
Simple rate for weighted average winning bids (percent)
|
9.87
|
9.94
|
Weighted average price of winning bids (P)
|
99.623
|
97.581
|
Minimum winning bid yield (percent)
|
10.32
|
10.30
|
Maximum bid yield (percent)
|
10.35
|
10.35
|
Days to Maturity
|
14
|
91
|
Note:BoBC170609 - Bids at and above P99.623 received full allotment.
BoBC020909 - Bids above P97.578 received full allotment while bids at P97.578 received 71 percent of the amount applied for.
|