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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 11, 2009 are summarised below.

Issue BoBC 110309

Total Subscribed (P million)

3 406.504

Total Allotment (P million)

3 406.504

Stop-Out Price (P)

99.547

Stop-Out Yield (percent)

12.57

Simple Rate (percent)

11.86

Weighted average yield of winning bids (percent)

12.56

Simple rate for weighted average winning bids (percent)

11.86

Weighted average price of winning bids (P)

99.547

Minimum winning bid yield (percent)

12.54

Maximum bid yield (percent)

12.57

Days to Maturity

14

Note:BoBC110309 - Bids at and above P99.547 received full allotment.

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