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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 20, 2009 and August 5, 2009 are summarised below.

Issue BoBC 200509 BoBC 050809

Total Subscribed (P million)

2 987.719

2 933.171

Total Allotment (P million)

2 987.719

2 933.171

Stop-Out Price (P)

99.623

97.574

Stop-Out Yield (percent)

10.35

 

10.35

Simple Rate (percent)

9.87

9.97

Weighted average yield of winning bids (percent)

10.32

10.34

Simple rate for weighted average winning bids (percent)

9.84

9.96

Weighted average price of winning bids (P)

99.624

97.577

Minimum winning bid yield (percent)

10.29

10.32

Maximum bid yield (percent)

10.35

10.35

Days to Maturity

14

91

Note:BoBC 200509 - Bids at and above P99.623 received full allotment.

BoBC 050809 - Bids at and above P97.574 received full allotment.

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