The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 21, 2009 and April 8, 2009 are summarised below.
Issue |
BoBC 210109 |
BoBC 080409 |
Total Subscribed (P million)
|
5 104.807
|
6 265.514
|
Total Allotment (P million)
|
5 104.807
|
5 400.000
|
Stop-Out Price (P)
|
99.547
|
97.092
|
Stop-Out Yield (percent)
|
12.57
|
12.57
|
Simple Rate (percent)
|
11.86
|
12.01
|
Weighted average yield of winning bids (percent)
|
12.55
|
12.55
|
Simple rate for weighted average winning bids (percent)
|
11.84
|
12.00
|
Weighted average price of winning bids (P)
|
99.584
|
97.095
|
Minimum winning bid yield (percent)
|
12.51
|
12.46
|
Maximum bid yield (percent)
|
12.57
|
12.60
|
Days to Maturity
|
14
|
91
|
Note: BoBC 210109 - Bids at and above P99.547 received full allotment.
BoBC 080409 - Bids above P97.092 received full allotment while bids at P97.092 received 30.68 percent of amount applied for.
|