The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 22, 2009 and July 8, 2009 are summarised below.
Issue |
BoBC 220409 |
BoBC 080709 |
Total Subscribed (P million)
|
3 165.829
|
6 093.517
|
Total Allotment (P million)
|
3 000.000
|
6 093.517
|
Stop-Out Price (P)
|
99.585
|
97.336
|
Stop-Out Yield (percent)
|
11.45
|
11.44
|
Simple Rate (percent)
|
10.86
|
10.98
|
Weighted average yield of winning bids (percent)
|
11.43
|
11.42
|
Simple rate for weighted average winning bids (percent)
|
10.84
|
10.96
|
Weighted average price of winning bids (P)
|
99.586
|
97.340
|
Minimum winning bid yield (percent)
|
11.42
|
11.40
|
Maximum bid yield (percent)
|
11.45
|
11.44
|
Days to Maturity
|
14
|
91
|
Note:BoBC 220409 - Bids above P99.585 received full allotment while bids at P99.585 received 83.75 percent of amount applied for.
BoBC 080709 - Bids at and above P97.336 received full allotment.
|