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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on May 6, 2009 are summarised below.

Issue BoBC 060509

Total Subscribed (P million)

3 891.808

Total Allotment (P million)

3 700.000

Stop-Out Price (P)

99.585

Stop-Out Yield (percent)

11.45

Simple Rate (percent)

10.86

Weighted average yield of winning bids (percent)

11.43

Simple rate for weighted average winning bids (percent)

10.84

Weighted average price of winning bids (P)

99.586

Minimum winning bid yield (percent)

11.42

Maximum bid yield (percent)

11.45

Days to Maturity

14

Note: BOBC060509 - BIDS ABOVE P99.585 RECEIVED FULL ALLOTMENT WHILE AT P99.585 RECEIVED 85.44 PERCENT OF AMOUNT APPLIED FOR.

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