The auction results of the Bank of Botswana Certificates (BoBC) maturing on March 17, 2010 and June 2, 2010 are summarised below.
Issue
|
BoBC 1703110
|
BoBC 020610
|
Total Subscribed (P million)
|
1 573.852
|
1 706.386
|
Total Allotment (P million)
|
1 573.852
|
1 600.000
|
Stop-Out Price (P)
|
99.737
|
98.291
|
Stop-Out Yield (percent)
|
7.11
|
7.16
|
Simple Rate (percent)
|
6.87
|
6.97
|
Weighted average yield of winning bids (percent)
|
7.10
|
7.15
|
Simple rate for weighted average winning bids (percent)
|
6.87
|
6.97
|
Weighted average price of winning bids (P)
|
99.737
|
98.293
|
Minimum winning bid yield (percent)
|
7.08
|
7.13
|
Maximum bid yield (percent)
|
7.11
|
7.16
|
Days to Maturity
|
14
|
91
|
Note:
BoBC 170310 - Bids at and above P99.737 received full allotment.
BoBC 020610 - Bids above P98.291 received full allotment while bids at P98.291 received 63.92 percent of the amount applied for.
|