The auction results of the Bank of Botswana Certificates (BoBC) maturing on February 18, 2009 and May 6, 2009 are summarised below.
Issue |
BoBC 180209 |
BoBC 060509 |
Total Subscribed (P million)
|
4 236.740
|
3 922.709
|
Total Allotment (P million)
|
4 236.740
|
3 200.000
|
Stop-Out Price (P)
|
99.547
|
97.094
|
Stop-Out Yield (percent)
|
12.57
|
12.56
|
Simple Rate (percent)
|
11.86
|
12.00
|
Weighted average yield of winning bids (percent)
|
12.55
|
12.54
|
Simple rate for weighted average winning bids (percent)
|
11.84
|
11.99
|
Weighted average price of winning bids (P)
|
99.548
|
97.098
|
Minimum winning bid yield (percent)
|
12.54
|
12.51
|
Maximum bid yield (percent)
|
12.57
|
12.56
|
Days to Maturity
|
14
|
91
|
Note: BoBC 180209 - Bids at and above P99.547 received full allotment.
BoBC 060509 - Bids above P97.094 received full allotment while bids at P97.094 received 34.78 percent of amount applied for.
|