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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on April  8, 2009 are summarised below.

Issue BoBC 080409

Total Subscribed (P million)

3 278.363

Total Allotment (P million)

3 278.363

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: BOBC080409 - BIDS AT AND ABOVE P99.585 RECEIVED FULL ALLOTMENT.

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