The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 18, 2009 and June 3, 2009 are summarised below.
Issue |
BoBC 180309 |
BoBC 030609 |
Total Subscribed (P million)
|
1 707.899
|
1 683.906
|
Total Allotment (P million)
|
1 707.899
|
1 100.000
|
Stop-Out Price (P)
|
99.585
|
97.334
|
Stop-Out Yield (percent)
|
11.45
|
11.45
|
Simple Rate (percent)
|
10.86
|
10.99
|
Weighted average yield of winning bids (percent)
|
11.42
|
11.43
|
Simple rate for weighted average winning bids (percent)
|
10.84
|
10.97
|
Weighted average price of winning bids (P)
|
99.586
|
97.338
|
Minimum winning bid yield (percent)
|
11.36
|
11.41
|
Maximum bid yield (percent)
|
11.45
|
11.46
|
Days to Maturity
|
14
|
91
|
Note:BoBC 180309 - Bids at and above P99.585 received full allotment.
BoBC 030609 - Bids above P97.334 received full allotment while bids at P97.334 received 71.26 percent of amount applied for.
|