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BoBC Auction Results

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The auction results of the Bank of Botswana Certificates (BoBC) maturing on April 21, 2010 and July 7, 2010 are summarised below.

Issue

BoBC 210410

BoBC 070710

Total Subscribed (P million)

3 862.817

3 910.142

Total Allotment (P million)

3 862.817

3 910.142

Stop-Out Price (P)

99.737

98.292

Stop-Out Yield (percent)

7.11

7.15

Simple Rate (percent)

6.87

6.97

Weighted average yield of winning bids (percent)

7.11

7.14

Simple rate for weighted average winning bids (percent)

6.87

6.96

Weighted average price of winning bids (P)

99.737

98.295

Minimum winning bid yield (percent)

7.08

7.13

Maximum bid yield (percent)

7.11

7.15

Days to Maturity      

14

91

Note:

BoBC 210410 - Bids at and above P99.737 received full allotment.

BoBC 070710 - Bids at and above P98.292 received full allotment.

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